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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (2385)	4/3/2013 4:05:36 PM
From: NOW	Respond to of 3209

some massive divergence's in internals , historical ones in fact but price rules all i guess

To: AllansAlias who wrote (2385)	4/4/2013 12:21:16 AM
From: AllansAlias	4 Recommendations Read Replies (1) \| Respond to of 3209

There are 2 competing forces at this point. In the very wide context (a few years), we have busted up out of a rising wedge, as seen on the larger chart. The 2 white arrows are what I am watching: 1) The topmost arrow pointing at the bottom of the recent channel. Does it give up this channel? 2) The lower arrow pointing at the top of the wedge it broke up out of. This is normally VERY strong support for a bullish trend. Will it go below this support? If it does, that is a very nice sell signal.