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


To: Mevis who wrote (89900)2/21/2017 6:46:22 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218639
 
Yesterday was a time gap, it can't be completely ignored... the market is most vulnerable to a change in direction for 3 days following a time gap... today was the first day, tomorrow could be it, we'll see... and it's now right near a key flag point which you already know... so, we'll see, and gold looks ready to launch if it could only get out of its own way for once... LOL!!!

GZ



To: Mevis who wrote (89900)2/21/2017 8:57:10 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218639
 
That SPY/GLD ratio we discussed earlier now looks like gold may actually rally and the SP go down some, there's a negative divergence between the ratio and the SPY...

The SPY:



The ratio:



The GLD:



GZ