SPDR S&P 500 (SPY): Just checking back in. Looks like we ma...

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learningboutinv

Re: GLENO34 post# 57916

Tuesday, 08/19/2008 1:12:56 PM

Tuesday, August 19, 2008 1:12:56 PM

Just checking back in. Looks like we may hit $NDX 1900 before a meaningful bounce. That is where there appears to be some support on the 60min chart. 5min 3day chart still indicating positive divergence. I guess now it's a 4 pushes down??

If DIG close at the high of day, the candles looks like a bullish engulfing. DIG is close to breaking out of the daily Downtrend line.

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