Monday, September 27, 2010

9/27 10:45

Measures of internal velocity have been downtrending since the April high.  Eastern posted a link to a audio file of high-low deceleration @bamtrader.  Other weekly measures have been downtrending which invalidates the current rally as a new bull.  Once stat I follow is insider trades which have downtrended since then. 
Back to the current situation.  Retracement rally has returned to SP futures resistance.  Downtrendline and 3 M/As should protect the downtrend.

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