Tuesday, March 17, 2009
Lunch Time Reivew 03/17/09
The Discretionary / Staples Ratio showed a bullish divergence in the first 15 minutes of trading. It continues to be slightly more bullish than the market.
The market is remaining below the 78-Period Pivot and VWAP with the $TICK and Discretionary / Staples Ratio showing some bullishness.
The open of the 30-minute time frame still marks areas of possible support and resistance.
Charles
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