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Tuesday, September 21, 2010

Divergences

continue to pile up dangerously



And we now have both a short term and a long term divergence on the NYMO for this wave. Looking and smelling pretty ripe.



So is it done? No idea. Just looking for a follow through day down with a confirming day after that. The indicator picture is perfect for a top, nothing to do now but wait for the price to finally weaken.
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