Tuesday, March 30, 2010

GS vs SPX

I wrote this one up yesterday as a watch and wait pending Short trade.  The prior two Sells on the chart worked well for swing trades, as did the most recent Buy.  Also note the divergence between GS and the market averages over the past six months.  Lower lows and lower highs versus higher lows and higher highs. 


GS Daily


SPX Daily

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