Option Investor
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I am waiting for the daily SPX to break the April 2nd high or the March 30th low. The probabilities lie with the bulls breaking the April 2nd high but just to be sure I took a look at the 60 minute chart to see if the MACD was telling me more than the daily chart was. Unfortunately it was not because MACD is following price and not giving me any divergences from which I can decipher bullishness or bearishness so I will go with what I see on the daily chart.

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