No question that there is a divergence on your 5 minute chart. I feel that it would be stronger if we could pullback to the lows or thereabouts and then rally from there. However, it's probably tradeable --
Romik, if you look at the hourly bar now--If it stayed just as is and was there at 1 EST, that would be a bullish divergence. Does your chart match this one? Of course, this is not relevant because we are not yet at 1 EST.
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es potential hourly bullish divergence 06282006.png
No question that there is a divergence on your 5 minute chart. I feel that it would be stronger if we could pullback to the lows or thereabouts and then rally from there. However, it's probably tradeable --