Tuesday, October 13, 2009

Choppy intraday actions

A difficult day for me as I got whipsawed on both ends (buy strength and sell weakness). One of those days, just hard to get a grip... Volume did nothing to confirm price action.




Going into today, I knew I would close some swing positions because momentum is beginning to fade. I also don't like how market leaders rose on relative weak volume. This could be a double top forming.



 

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