Monday, September 14, 2009

09.14.09 - Gap Fill & Lateral Trade

The early gap bounce off the five-day moving average and fill has faded to a lateral trade with up and down volume about evenly matched and the advance - decline line likewise running sideways near zero. Cumulative tick paints a more optimistic picture, but until it is aligned with the other internals, I'm reluctant to trade on it.

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