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The latest from the
IndexHunter session 07/21/2009 DIA - weekly is still ahead of the price, daily downside divergence made weekly go sideways, still has potential for up if no daily divergences that turn to the downside or hourly that does something drastic. IWM - weekly still ahead of the price, still has potential. MTH - has moved up every day the last 10 days even though someone 'downgraded' it. MRK - price had gone lower, still strong upside on the weekly, when the daily turns up it will move quickly, it should be in the high 30's. SPY - hourly moving sideways, this is slowing (not stopping) the upward progress. Gaming Stocks - not showing the pattern that wants to lead stocks in the group higher. |