Wednesday, February 13, 2013

SPX Daily Chart Rising Wedge Overbot Negative Divergence

Price keeps floating higher while the indicators keep drifting lower showing negative divergence. The rising wedge, overbot stochastics and negative divergence will spank the SPX down but this week so far the Energizer Bunny keeps pushing the broad indexes higher on light volume. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.

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