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when I look at the 60 min index charts like the SPX etc, I don't see any negative divergence, therefore this supports a wave 3 move. Therefore when a pullback comes it will probably be bought again.
Are you referring to a pullback today, or in the coming days?
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60 min charts
Posted by matt on 9th of Sep 2009 at 01:11 pm
when I look at the 60 min index charts like the SPX etc, I don't see any negative divergence, therefore this supports a wave 3 move. Therefore when a pullback comes it will probably be bought again.
No negative divergence
Posted by bruce2 on 9th of Sep 2009 at 02:24 pm
Are you referring to a pullback today, or in the coming days?