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Jeff Pietsch

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Watch This Developing Divergence

BY JEFF PIETSCH | JUNE 24, 2011 | 12:21 PM | 1 COMMENT
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This is the second day in a row internals have not confirmed price rebounds, and here is the result back down to S1 with 200-day support looking more and more tentative.   Note that the 200-day SMA & EMA have now converged at just about $126.50 as an SPY bogey to watch out for.




Comment (1)  |  Related Topics  » |

 
Chart WTF

And this chart is supposed to mean something to me? I've been using charts for 20 years, and I cant make hide nor hare of this one.

Submitted by Anonymous (not verified) on Fri, 2011/06/24 - 2:06pm » reply |

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