Wednesday, May 4, 2011

Market

TICK divergence at the lows and a 4.5 point pop off the lows.

Breadth is stinky but also diverged a little bit at the market lows.

Still a long way to go, and not calling a reversal here yet. I'd like to see another push down with another divergence. If it doesn't come, we'll adjust the strategy

Michael tiny Saul

tinymjs at gmail dot com

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