Generally the blog will concentrate on swing trades - 2-5 days trade and will
move from one sentiment to the other.
Hopefully, if the sentiment would long more than few days , we will take advantage of it.
The US market seems to be lacking more gain at the moment. Take a look at the NDX chart.
Negative divergence usually signal a turning point. I would Watch for bearish sentiment. 
Wednesday, April 18, 2007
Going up ?
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3 comments:
Hi, it looks like its going to be an interesting blog.
I think DOW has still some steam to come up with next week, lots of low p/e components with good earnings...well not really technical analysis there ..sorry. But techs are definitely looking tired.
Thanks for the compliment.
Yep , the techs are lagging while
Dow and SP5OO are strong movers.
I would be cautious with new longs here since technical analysis suggesting that.
Well A_H, I think fundamental and technical should go hand in hand, there wouldn't be much going on if everyone disregarded fundamentals.
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