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Technically should have been upside today, but?

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Not applicable
http://money.cnn.com/data/premarket/ shows US futures turned quite negative. Something driving the market in an unexpected way?
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5 REPLIES 5
kwagga
Super Contributor
LOL!! "Something driving the market in an unexpected way" - You're going to have to get an answer from Chuck Norris on this one.
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Not applicable
I think Mr Market is getting an earfull from Mrs Market cause he came home so late and forgot to inform her that he was out with the boys ;-) What drives a market, well it aint any of us thats for sure....
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richardw
Super Contributor
It should be down, say the value investors
It should be up! say the technicians
Where should it be?
Chuck knows, say the wise
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jack12
Super Contributor
Chucks the MAN!!!!! Maybe time to buy the dips?
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Ninja
Super Contributor
Not sure where yu see the market up technically.....massive neg divergence on the RSI with a series of neg divergances on the stochastic. The weekly is is extremely OB with more neg divergances. On the international front the Dow is overbought and on key resistance and due for a short pull back which is being realised as we speak. Sorry guys, I must be looking at different charts to you......longer term up yes, but for the immediate short term a bit of downside seems to be on the cards
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