Saturday, June 03, 2006 2:46:25 AM
the indicator supporting this the most is the a/d line. while it has been flat for most of the last 6 months, and understandably on a decline from march to late may, notice what it did on the 22nd. an extreme explosion to the upside, a total reversal, and now we seem to be settling into a new, trend of postiive, not negative, divergence.
RSI shouldn't be left out, either. looks like it will be back in the zone next week, trending higher.
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