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CURRENT MARKET TREND: Up 5/27/16 @ 2090
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Sunday, February 16, 2014

DJIA and Gold

This chart is suggesting we should be long Gold and short the DJIA


Notice the bearish divergences on the latest high and the RSI and MACD uptrend lines have both broken.

We'll count this as a 12345 up and an A down. The move up should be a B wave and we should have a C wave down to the 10.50 area.

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