Sunday, August 5, 2007

Market Analysis and Setups for the New Week



I am seeing some positive divergences taking shape on the 60 min charts. So that tells me that either downside will be very limited on Monday or we might open lower but close higher by the day's end. If we close poorly on monday then this mrkts isn't even responding to what has been extremely reliable indicators i have been using successfully for 4 years now. It will be a volatile session, there' no doubt about that right now.









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