Guru Review

Welcome Guest ( Log In | Register )

Reply to this topicStart new topic
> Merriman Weekly Column, Bullish Intermarket Divergence in Precious Metals
post Dec 24 2011, 07:57 AM
Post #1


Group: Traders-Talk User
Posts: 909
Joined: 27-September 05
Member No.: 4220

We may also be getting one of the bearish patterns for a reversal in the stock market as described in our final and latest volume of “The Ultimate Book on Stock Market Timing, Volume 5: Price Objectives and Technical Analysis.” This pattern is known as “intermarket bearish divergence,” between the DJIA and S&P nearby futures. We could soon see the same set up in Treasuries, and the opposite set up (“bullish intermarket divergence”) in precious metals.

In short, the next two weeks could present extremely attractive trading opportunities, as seen from a geocosmic, cyclic, and technical point of view. They are all in the process of setting up for exceptional risk-reward trades,-2011/
Wishing all here on this board a Happy Holiday...Peace to all!

Go to the top of the page
+Quote Post

Reply to this topicStart new topic


RSS Lo-Fi Version Time is now: 28th November 2015 - 12:51 AM
The Financial Ad Trader
The Financial Ad Trader