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Re: jglider post# 48003

Tuesday, 07/15/2014 12:10:10 AM

Tuesday, July 15, 2014 12:10:10 AM

Post# of 51788
Choppy advance in INDU from May lows is a possible ending diagonal ( in wave 5). Volume is low and steady. Volatility is near historical lows.

The European markets are lagging the US advanced to the point where one could argue a negative divergence is occurring. France is testing its 200 DMA, as is FTSE.

Definitely a global topping process.

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