Friday, July 2, 2010

7/2 - eod scan



  • seeing bullish divergence in 30min charts
  • if bulls able to close near highs for today, it will mean a bullish week next week
  • many stocks will be holding support if we close at this level here
  • not much time for bulls to close above 30ema
  • if market closes here, under 30ema, trend is still bearish but almost a stage 1 going into next week..tough to know what next week will hold

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