Tuesday, February 12, 2013

RumWave bullish divergence playing out

As predicted, grinding higher before the selloff

A couple days ago I mentioned a bullish divergence on the RumWave chart.  It is holding true as we saw the market grind its way higher today.  I suspect some volatility will return soon.  The weekly chart still looks like it is finding a top so I expect some more sideways movement for a bit.


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