02/01/2013
DOW, SP500 and NAS trends still strongly up but hesitation from DOW to take out the top to the left make me believe profit taking is underway. During the next 7 trading hours if the indexes stop where they are now the 8 MA will reach the bars and eventually start building a top formation. There are 2 hours left to close. Hopefully Thursdays trading will start at 00:00. Today the US indexes were 12 hours delayed.
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