frtaylor- yes those indicators are turning

    SPX 5 min

    Posted by matt on 21st of May 2012 at 10:42 am

    frtaylor- yes those indicators are turning up, not at the same time exactly i.e. the 144 didn't however that said, the market was extremely overbold and there was a wedge pattern with positive divergence, so a bounce here makes sense.  we'll see how far it goes

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