Sunday, June 03, 2012

Downtrend continues

TDSetupBuy on weekly is on its merry way, I am cautiously short – can SPX make it all the way down to 1280 support? I truly doubt that and have quite loose stops on short positions.




on daily chart positive divergence between price lows and RSI grows – change of trend coming? I think it is too early to say – will have to wait at least till mid week to see where it is going


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