October 22, 2010

Morning Post

Vacation fine so far. Ruby Falls, Lookout Mountain, Rock city and the Civil War battle fields today.

With G20 this weekend currency moves should be reserved unless someone wants to make a statement.

Today is a POMO day.

Did not get much done last night as should be expected, but these major indexes got updated. So, let's back it out to a longer term daily view.


Next
COMPQ
Is this a large wedge that is throwing over? Weekly RSI is now over 70. Most noteable is that if we take out the April highs we'll have a nice divergence set.

GL today. I'll be around this morning for a while then checking out. I'll put up a weekend post for comments and charts. Thanks for your support, comments and votes on SC. Have a great weekend.
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