Friday, October 21, 2011

Here's what I see

I had an early bias today that was wrong, so now what do I see?

First hour high has kept us contained,and we got a push back lower, that held so far like a rock

Now, we have a down cycle turn setting up on a larger intra-day time frame, and a lower high would confirm that.

That being said....

Breadth is still strong at +2200s makes it very tough to fade, cycle turn or not


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