Wednesday, October 6, 2010

Market Comments. 6/10/2010

The market was up strongly today, with the XAO up 1.63% on above average volume.

All S & P Sectors were positive.

The intra-day high today broke marginally above last Wednesday high.

This certainly looks the goods - yet - many indicators still show negative divergences.

Let's see is there's follow through buying tomorrow.

Cheers
Red

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