Replies to post #47122 on Short Term Trading Member Forum

[techcharter]

Adding to Chuck's Comment...

The SPX and INDU have tagged the upper bollinger band Friday and today, as well as the 50 day avg. The bollinger bands are widening. These are also market events to keep an eye on.

Stochastics have entered the overbought zone. There are no technical divergences involving this month's rally at the moment.


http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p35465223661