Ides Of March Divergence
Gmak didn’t want to go there – but of course Mole has no compunction about using a cheesy ‘Ides of March’ title. Before I jump into the sack I wanted to share Friday’s closing Zero chart with you rats:
Based on this developing pattern highlighted via the red line chances are bear trap 5.0 (I am counting since August 2009) is nearing its end. Maybe we see some follow through Monday morning but it seems participation is diverging from price.
Happy hunting to whoever is left 😉