Friday, August 17, 2012

8/17/12 - EOD Update

Lets see if the market has reached its double top target here. Should the market blow past 1422, I will have to take another close look at the count to determine if a much more bullish option exist that I may have overlooked. Until then, this is looking pretty good as the divergence continues to build. The market, however, cleared more of the short term divergence on the McClellan.
5 min

60 Min