Monday, August 3, 2009

Oscillator divergence plays out

Update on my Sunday post...

The divergence played out as expected, issuing a long signal (for scalpers) at around 985 on the /ES in the wee hours of the morn.

I still see no reason to be short at this point. My short term account remains in cash, long term still long. Booorrrrrinnnggggg.

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