Breadth charts are showing mixed signals with positive D, weak, B/O support, etc.
$NAMO weekly shows the Jan-Feb '07 neg D. is worked off and now it is trending up, showing positive momentum. However, A/D shows weak 10ma momo due to recent consolidation period, so we need to see better breadth actions.
$NASI weekly is confirming "Breakout Retest" scenario as it is bounced off from the down TL. It is expected to see narrowing breadth at this stage of market cycle. $NASI daily is showing good action above 20ma support.
Thanks and hope that you are enjoying.
Best wishes
GOLD is trending higher to the high, 692.
Could you elaborate on your comment on Gold?
Thanks
btw, sometimes, my posts are getting duplicated when I preview and save or review/modify.
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