Wednesday, April 15, 2009
some interesting charts
I'm seeing bullish chart patterns in a lot of sectors. IYG looks to have formed a run away gap which implies an explosive move higher is on deck. Also the transports are pressed up tight against resistance on the verge of a break out. Base metals, ags. (MOO) etc. showing some sweet looking charts every where. /ES never got down to my 823ish and I covered and flipped long small when a bullish divereged RSI signal flashed on the 60min. bars. I'm holding long into the Globex session and hopefully wont get stopped out.
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