Monday, April 9, 2012

Miners are bombed out...but there is hope

The Prec. Metals Miners look really exhausted. All DeMark Sequential Counts are bearish. We show in red the levels that would reset the counts to the bullish side.

Apart from that we notive a Divergence which usually inidicates states of exhaustion with a tanking price while the TRend turns less negative.

 Timing looks promising on the other side.....

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