Friday, November 5, 2010
Back into MSPD?
Or add to if you already were short?
After that 18% drop in MSPD we saw a little bounce, right now it's in a negative divergence and threatening to break a support level (red trendline). It may be a trade you want to consider as I think it stands a very good chance of a continued downtrend
1 comment:
SLV:GLD ratio RSI at about 83. Whenever the RSI of this ratio went over 80 in the past, major corrections in precious metals ensued.
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