The possibility of a bearish Lane Divergence setting up is making me a bit nervous going into tomorrow, The Lane divergences on recent stocks have shown a great 2 day follow through when the divergence was confirmed with the cross over signal of the stochastics. Well we have that now setting up on the down side and today was the cross over, Fridays are always tricky and even though we have the daily divergence triggering we still have the 60 min oversold and that has not disappointing in a long time.. Daily negative and 60 min positive on the fact we are oversold, but could turn negative as we could be getting embedded. Cautious outlook for tomorrow and looking for great trades off the tradeometer
