Once again this index signaled an oversold market. We had a positive divergence at the bottom of the BB(100). Official long if DPO gets above mid-point(almost there) and a break of trend line resistance.
Comments
nmike
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INDEX in BEAR territory below 100MA and bearish candle pattern...
nmike
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>>>a nice BIG GREEN candle bounce off support...
QuantitativeExhaustion
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I think the Euro got a little ahead of itself and has to put a handle in here (1.27 - 1.28) before we move much higher.