Tuesday, January 19, 2010

Current Market Overview

Looks like one more push and then a roll over...should be a pretty good move. Predictive pivots in the indexes argue for selling into the close...These are indicated by the little Red lines on the right of each index. they are significantly below currnet prices...argues for downside this afternoon towards those levels... internal volume trends are not particularly good.

And here is the close: I posted the series of charts so you can see how well the systems track price...also the predictive pivots did indeed turn in to the magnet that I indicated above.

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