Tuesday, July 14, 2009

Morning Review 07/14/09



As the S&P 500 market was testing its first hour low, the Financial Sector and Goldman Sachs were not following the broader market, and remained above their first hour low.



The broader market at first found resistance at the 0930 ET open and yesterday's high, but then found support near the overnight low as indicated by a small, bullish $TICK divergence.
Charles

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