my monthly macd for 2010 is currently showing negative divergence on the spx so intersting dec close this is...it seems to be up against resistence from the monthly closes in 2008 and is currently in their tails so if it pushes higher and closes with a positive divergence it would suggest minimal pullback and the bull to continue but if it doesn't make it look out below...
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2011 crowded markets , page-19
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