Intraday Divergences

    Posted by vimal on 14th of Dec 2010 at 01:16 pm

    Just looking at the charts, the NDX is failing to make new highs whereas the SPX has made higher highs broadly speaking

    In theory the market should sell off from here through to the news and probably after

    But it is Fed news day so anything can happen

    I have taken a small short punt here given also that seasonally today and tomorrow are weak. We shall see!!

    interesting not sure what that

    Posted by john9o9 on 14th of Dec 2010 at 01:59 pm

    interesting not sure what that little dip at the eod yesterday was but the bears were awful excited at it, no?  Doesn't take much to get them excited these days does it? 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!