Very important key level holds for second day. Financial sector shows some kind of weakness and might be alerting something big is coming. As blue chip indexes they have rebounded significant, but my MACD and volume wants at least pullback. If MACD histogram turns negative I will try to short financial sector.
Tuesday, May 12, 2009
Financial sector
Very important key level holds for second day. Financial sector shows some kind of weakness and might be alerting something big is coming. As blue chip indexes they have rebounded significant, but my MACD and volume wants at least pullback. If MACD histogram turns negative I will try to short financial sector.
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