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A helluva bullish divergence last week, and now the oscillator has taken out any potential bearish divergence. This chart is bullish
The Central Banks haven't given up.
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click chart to enlarge
The five tops hang from the Spiral not unlike an Alexander Calder mobile.
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click chart to enlarge
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click chart to enlarge
I suppose the Brexit question is whether Britain can escape the gravitational pull of Europe. I'd rather watch than guess until this Brexit madness is done with.
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I'm not a believer in rallies here.
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click chart to enlarge
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Can gold decline without a similar turn in dollar yen? I doubt it.
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Oversold but no divergence.
Thursday’s post noted the intraday net line sell would likely result in a daily net line sell once the intraday target was hit. That daily net-line close below 2094 occurred today, and this net-line sell has a target of 2023. The market is deteriorating very quickly following this Spiral Calendar top. If we are only three days into a three week move, there will be significant damage.
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