AI
Saturday, June 11, 2005 4:07:06 PM
Hi FA, repost monthly NEM, USD and add NDX, SPX and XOM.
Looks like 1996 to me. Divergence between price and full stochastics on NEM chart was followed by lower highs until the lower BB was broken in 1998. The 20 MA is rolling over now and will act as resistance. Although the ST trend maybe up the IT trend is still down, that's my read of the chart.
NDX full stochastics sure looks like a repeat of 2000 maybe in the making. Current position is 100% USPIX. XE
Looks like 1996 to me. Divergence between price and full stochastics on NEM chart was followed by lower highs until the lower BB was broken in 1998. The 20 MA is rolling over now and will act as resistance. Although the ST trend maybe up the IT trend is still down, that's my read of the chart.
NDX full stochastics sure looks like a repeat of 2000 maybe in the making. Current position is 100% USPIX. XE
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