Tuesday, October 4, 2016

10/4/16

Been quite busy lately so haven't had much time to follow intraday. Overall I still don't see much by way of direction. Based on daily MACD and all the chop lately, I slightly favor a deeper pullback for (iv) or ii possibly towards the 200 day SMA.

A alternate view would be a potential triangle that started off the Aug high of this year.

Daily
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