Saturday, September 1, 2012

Trend Indicator hints at a topping formation


Gold has established a bullish trend.

QQQ's, SPYDER and VXX all seem to be in a resembling pattern that looks like a topping formation. This can run another week or 2 or flip right here......
Occasionally the TREND Indicator can lead up to 2 months (see SPY) which seems also now be the case. This would also lead to am mid +/- September timeframe.




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