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.
Unbiased Forex and Equity Swing Trades
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.
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.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment