Sunday, December 26, 2010

EEM/SPY and PMEI

EEM/SPY has just snook down.  Sign that risk trade is off.

Precious Metal Exuberance Index (my own creation of course)

Very toppy, but no basis to short.

15 of 16 indicators on Breakpoint Trades on intermediate and long term show bullish trend intact, strengthening.   


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Insightful and Useful Comment!