Monday, October 26, 2009

Bounce could be coming for GS and Transports (27 Oct, 2009)

The transports have a confluence of support at around here. So do not be suprised to see a bounce.



GS has a minor positive divergence, it is still trading sideways in a wide range.... Note the doji, ideally we want to see a more narrow ranged doji for us to pick a direction should we get a higher high or lower low.





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