Look At These Lines
The E-minis have been respecting the pitchfork drawn on the 15-minute chart, which
began on April 7. A break above the upper line is bullish.


USA Interactive
(
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PowerRating) has pulled back to its 20-period moving average,
which could prove to be a good entry.

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It’s interesting to see how the TRIN has respected this trendline and called the
turns recently. Another thing to watch.
Have a good afternoon.