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The latest from the
IndexHunter session 12/01/2009 DIA - weekly still has control. Hourly had a DB, but no upside divergence on MACD, so not what we're looking for. RYL - hourly DB and significant technical pattern since the MACD was higher than it was at the low 2 weeks ago and this was the catalyst. VIX - weekly has divergence above the signal line but it's not validated as the daily moved down. XAL - has more weekly strength than the market. CAL - monthly is strong but the indicator is not quite ahead of the price, but it is above the signal line and moving up. Weekly is recovering, so there is nothing to prevent it from moving up. POT - has technical strength and the indicator is slightly ahead of the price, needs to come up to $122.
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