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发表于 2012-8-7 06:02 PM
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SPY climbed along a price channel over the past three days on 5-min chart. each touch of the lower channel line was a good entry for longs. Interestingly, each day had a weak close only setting up a gap up for the next day. The question is that are we going to see the same thing for tomorrow? My guess is "yes", at least in morning session, we should see some rebound. The bad news for bulls is that on hourly chart, the bullish momentum is losing steam: fast stoch pivots down and negative divergence everywhere. In short, I expect a corrective move very soon but bulls are not over yet. |
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狗仔卡
发表于 2012-8-7 05:55 PM
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发表于 2012-8-7 07:53 PM
