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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (41266)12/4/2012 3:08:37 PM
From: Vendit™1 Recommendation  Read Replies (1) | Respond to of 222735
 
Gold is still setting up for a move higher as it appears on daily timeframes. A reversal to the upside will be going against the recent trend of gold rising and falling with the S&P instead of moving in the opposite direction.

I see maturing buy signals on gold and very mature daily sell signals that are now confirmed on the S&P.

I'll post the charts in the morning so it will be a snapshot of the EOD trade today.



To: Keith Feral who wrote (41266)12/4/2012 4:24:03 PM
From: GROUND ZERO™  Respond to of 222735
 
THE NEAR TERM INDICATOR HAS CONFIRMED A SELL SIGNAL ON TODAY'S CLOSE... WHILE THE MARKET MAY RESPOND IN THE ANTICIPATED DIRECTION FOR A PERIOD OF TIME, THIS INDICATOR IS USEFUL ONLY TO THOSE WHO ARE QUICK AND NIMBLE...

GZ