Monday, August 27, 2012

Divergence on the hourly

Good morning. Another divergence on the hourly. On Friday, the divergence lead to a big upside. Will this divergence do the same to the downside?

This time, the divergence is against the predominant trend. Don't expect miracles! If you check my other post from Saturday, I am expecting some weakness in the morning but if it pans out as I mentioned in the 'Bold Prediction', then I will be a buyer in the morning dip.

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