SPX, USD and Gold Charts Analysis
Stock-Markets / Financial Markets 2015 Nov 09, 2015 - 12:33 PM GMTBy: Toby_Connor
With momentum starting to diverge and stocks late in their daily cycle it's probably better to sell into a breakout above the all-time highs than buy a breakout.
The dollar also is late in its daily cycle and probably safer to sell a breakout than buy.
Gold on the other hand is deep in the timing band for a cycle bottom and extremely oversold.
Gary Savage
The Smart Money Tracker
Gary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the precious metals market.
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