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Wednesday, April 01, 2009 3:13:46 PM
K...I'm trying to understand the move in the PM sector...on the chart below, we went from a HnS top, and it stretched out to become a double-top - but if that wasn't bearish enough it decides to break out again today without a corresponding move in the bullion, silver or gold for that matter.
Are the stocks leading to something that I'm really going to hate to miss...?
fwiw, I don't like the pattern. I don't like the ADX - no trend strength - it signals a sideways market. But I do like the OBV, accumulation is what's leading this stealthiness in the charts.
Are the stocks leading to something that I'm really going to hate to miss...?
fwiw, I don't like the pattern. I don't like the ADX - no trend strength - it signals a sideways market. But I do like the OBV, accumulation is what's leading this stealthiness in the charts.
FP........................................................
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