It’s Looks Like Its Going To Hold
January 21st, 2009 at 12:22pm · No Comments
It looks like the eMini will hold these levels. Positive divergences have formed on the 60 minute modified DMX. The 135 minute cycle-trap has a potential divergence if prices hold these levels through 2 PM EST. The 5 minute volume oscillator is at its highs for the day. The downtrend is likely over for now.

click chart to enlarge

click chart to enlarge
Tags: General Market Commentary · S&P 500
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