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In a message dated 6/16/00 10:15:27 AM Eastern Daylight Time,
bobrabcd@xxxxxxxxxxxxx writes:
<< Here's a flatline. The DOW has been cycling about its 200 day EMA tighter
and tighter while the cumulative volume(nyse) has been struggling to move
higher, made a lower high recently. Even the New High - New Low is maxing
out.
BobR >>
hello
notice how cum vol. also making higher hi while Dow did not
that is a bullish divergence
However
this may take 3-10 days to develop
for now the most SP 500 can go up is 10points
and Dow 130-180
After they relieve themselves
then the 30-60 points SP is coming
nice weekend
Ben
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