Monday, April 7, 2014

4/7/14 - EOD Update

Something bullish I want to point out if the market is not done with its journey higher. Pay attention to the green labels on the 60 and daily minute charts. This could all be some type of running flat for wave 4.

I also leave room for a running flat for wave ii of (5).

We'll see if the 50 day SMA holds first and must pay attention to the daily -ve MACD divergence.

60 Min 

Daily