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Reversal

A dramatic and technically relevant reversal today should see prices decline for a while. But will it break the back of the Money Printing Pump?

110730dpxADclick chart to enlarge

The breadth barely below zero. It can fall far before reaching an oversold reading from here.

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Posted on 7 November 2013Author ChrisCCategories Crude Oil, General Market Commentary, Gold, Market Internals, Money Printing Pump, S&P 500, SilverTags Calendar, Subscribers

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