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Silver is about to start heading lower, at support right now over a triple divergence also on its Daily chart, huge shorting going on according to COTs

Expecting a continuation of the Daily pattern's downside move

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5460281.ece

TY & TY Surf! But 1/3 remains open. And a Happy New Year to you 2!

1. futures (electronic) 2. ImPO there is a bearish set-up on Daily chart

What if USD index gets to say 50? Still a NO?

Have you tried overlaying Gold with USD index? ImPO Gold does stand a chance to get above $1000+ as long as USD keeps weakening. The question I would raise is why $1200?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2246373>

2/3 covered +5 Keeping 1/3 to try & pin Daily chart's sell signal

Triple bearish divergence on Daily chart now, selling with a $5 stop

Oh really? You're our little turtle.

Monthly trend on SPX is not up, you need to read up on how to establish a trend.

You are right that it is still a bear market, whether SPX would see 840 before 1000 I have no idea. One thing to note - SPX is now trading above 50 average, for the first time in quite a few months. Yet the index locked above 50 average on relatively thin volume. Next resistance is 950, then...

Price hovering around long term support, to me it looks like MSFT is about to start its decline towards $10. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2241520>

Don't forget that we are still within festive times, so I doubt that 1 daily bar would flip us to upside just like that & still below 50 ma.

See, how is this not similar to pre-WWII Germany? It all started with another Madoff, followed by other Madoffs, soon all Jews to be blamed for the sins of a group of people hailed as heroes at one time, only later to be blamed for all the country's problems. It's all a bit of a deja vu for...

The whole bail thing is so ironic in his case

That was a new currency, apples & oranges ImPO. But let's not mix retracements with reversals also.

I fail to see any sort of bottom, why would there be one? If it can't be seen in charts, then why might there be suggestions of one in the making?

Why bail them out, if we have seen the future of auto industry. I want a Honda :) <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/Vocy_LmpZlM&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...