Wednesday, June 12, 2013

06/12/13: looking for a low at the open and then a rally up

No change really, still looking for that last ramp up to 1660-1670 then the waterfall down to 1540-1550.

We have multiple positive divergences on the shorter CCI timeframes and we are now finally sporting a positive reversal on the CCI 233.  This implies higher prices > 1648 as long as the 1598 can hold...

Happy trading.


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