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« Divergence in NYMO | Main | Sticky black stuff and it's friends (DJUSEN) »
Monday
Mar012010

SPX 60 Min Divergence

DateMonday, March 1, 2010 at 5:33PM

There is a bearish divergence forming on a 60 min chart of SPX.  SPX has made a new high above it's high on the 22nd, but MACD has not followed this movement.  The Stoch is also very overbought.  Market is looking like it might chop around at these levels. 

AuthorPikertrader | CommentPost a Comment | | |
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