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Parting Clouds
November 11th, 2008 at 2:10pm · 1 Comment
Are the clouds parting allowing stocks to rally now? The 60 minute chart has a nice Tick Cycle-Trap divergence in place. An hourly close above 906 will provide a net-line buy as well. The eMini is in the vicinity of the 135 minute lower channel (now 902). A move above 910 will bring in buyers if it happens today.
Tags: S&P 500
1 response so far ↓
1 deacon31 // Nov 12, 2008 at 10:36 am
ES 910 was a good sell on the opening of the hang seng last nite, couldn’t believe the NQ +20 just because they opened it green, but ES was right up there percentage wise…traditional mcclellan OSC goes into the red today if this a/d continues, after OSC made an all time record high of +320 on 11/4
http://www.mcoscillator.com/Data.html
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