Monday, July 12, 2010

7-12-10: Monday -- The Buyers Are Not Going Away





Today was a big balance day in nature, but yet still was an up day to keep up the one time-framing daily structure intact. Russel and Naz big divergences today. Low volume.

Confidence level of today's up move is weak. But the fact that it pulled off such an up move, and featured buying off the morning lows, leaves me respectful of this upmove.

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