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Consolidation below the resistance so chart favors bulls a little little bit.
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I'm starting to scale into JNUG for a long term trade. The gold and silver complex is about to flash buy. The dollar looks weak and historically would drop with deflation levels like they are now (similar to March 2009).
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Bulls don't want a close below SPX 2082 ... Every system has its idiosyncrasies. Specific oddities might not be evident in this short time frame: it only covers 3 months. Nevertheless - the system suggests a move to at least 2097
Last edited by uempel on Thu Apr 09, 2015 10:15 am, edited 1 time in total.