Monday, March 19, 2012

3/19/12 - EOD Update

A busy Monday for me so this is short.

Some -ve MACD divergence and I don't have time to count the squiggles today so not sure if this puppy may extend some more.

SPX - 30 Min
SPX- 60 Min
Tap the mid and top channels. MACD -ve divergence on the hourly as well.

Note where [5]=[1]

BAC- Daily
Is BAC complete with five waves up or just 3 of 5?