Monday, July 29, 2013

7/29/13 - EOD Update

Watching the daily MACD. It is starting to show negative divergence so we need to be mindful of the blue option.

I added a purple option, which I sorta like better than the green.

Bottom line is if we continue to chop around up here, chances are we are still in a wave 4, otherwise, the blue option is looking for a flush down in the next day or two.

60 Min 

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