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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Tom Trader who wrote (7255)10/26/1998 3:55:00 PM
From: SE  Read Replies (1) of 44573
 
Tom,

I think we are putting in a bottom here in the 77 range. The MACD is showing a bullish divergence. This morning there was one as well that clearly worked and this afternoon a bearish divergence that also worked. I am going to study MACD divergences a bit closer as they tend to portray something that would be more of a positional trade for me....1/2 day hold! :)

Will be looking to get long in the morning.

-Scott
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