Posted by tonygrusso on 30th of Jul 2008 at 03:36 pm
Updated 15 min SPX chart - folks
the market simply bounced off support of these EMA's, the bull flag
scenario played out that I put forth this morning (see my previous
post from this morning). However now negative divergence will set
up on a move that takes out this mornings highs.
does it mean mkt would head lower
tomorrow? thnx
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Posted by tonygrusso on 30th of Jul 2008 at 03:36 pm
Updated 15 min SPX chart - folks the market simply bounced off support of these EMA's, the bull flag scenario played out that I put forth this morning (see my previous post from this morning). However now negative divergence will set up on a move that takes out this mornings highs.
does it mean mkt would head lower tomorrow? thnx