Tuesday, February 10, 2015

Gann Swing Indicator weekly Sell Signal

Also note the CM indicator at the bottom shows the last rally did not have much strength, look for divergences on that indicator which can be found at the tradingview.com site. That indicator shows whether the bulls or bears are in control. Also notice how gold refuses to get above the 70 period moving average, bears remain in control. The commercials also are still very short and they are usually right.

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