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Friday, June 18, 2010


There is definitely a lot of indication that this move is slowing

1) It keeps flirting with the lower channel line
2) Negative divergence on 15 min, 30 min, and now 60 min indicators
3) Acc/Dis indicators are either flat or slightly distributive

I still think we might get a pop Monday morning, but I have the sneaking suspicion it will be followed by a drop

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