10 Day high minus Low goes neutral..

April 21, 2010
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After putting in a mixed bullish day Tuesday; Wednesday the 10 day high minus low moved to neutral on all three indexes.  Each put in higher back-to-back daily bars but they were unable to reach the heights scored just 5 days ago when we were at these same price levels.

 

Tomorrow is a high hurdle day so without a gap up it is highly unlikely the charts will move into the bullish camp.  This evening as I write this the markets are selling off a little.image




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