Tuesday, March 30, 2010

Post Market Update - Tuesday

Ended a flat day with little to glean from. See a mirco count below for my preffered count. It is very likely we get another push up past 1180 at this level, so be forwarned. I will exit my short if the break divergence breaks on the daily and wait for another top to occur. We had a low and high which neither of them are a lower low or higher high, so the battle tightens on the intra-day low and intra day high. Typical triangle patter breakdown on the longer-term charts which you still can day-trade but the money isn't as good.

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