24 August 2009 – Slow Trading

Tue, Aug 25, 2009

US Commentary

A day of consolidation and a positive considering the move into these new highs. I remain very wary of the Type-A Bearish Divergence showing and in fact we now have the same bearish divergence showing on the momentum indicator. The last time we saw it there was back on the June highs before the market slipped 10%.

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Nick Radge - who has written 898 posts on The Chartist.


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