2:39pm
you may notice that my posts are obviously far less than a month ago. this is simply because i have no position and I have no idea where the market is heading in the short term. OIL is strong today and now the question is when we will take out 1000, today or next week.
There are some negative divergence on the daily channel, but I will not short at this level. market in consolidation phase and it can break up or down anytime. I think bulls have more edge now. i just do not want to chase the high at this level…
11:54am
negative divergence on daily chart, a sign of topping…
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