Friday, March 2, 2012

Weekend Trading Notes

Apologies for the lack of posts, I have been under the weather. So I will keep it short today...

Dow finally closed above 13,000 (once), but was unable to rally much above that level.
I am devoting my undivided attention to how narrow the advance has been lately. Divergences are now visible between many indices. I will stay on this message until it becomes irrelevant.

Below are three comparison charts, which are going to result in powerful moves. No matter if you are long or short, you can not ignore the facts. These divergences will not continue for a long period of time. Something will have to give...

click on charts to enlarge

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