Dow vs Gold Ratio: Short Stocks long gold like a clock

8 de fev. de 2014

Long term ratio explains why short stocks long gold/metal stocks is working like a clock since Dec 30. Bearish wick into supply zone in monthly timeframe, backed by momentum hidden bearish divergence (left chart) and the same bearish wick backed by bearish momentum divergence in the weekly timeframe (right chart). Probs are, expected bounce due to trend line support ,will stop either at high 12's or high 13's, where PA action will be reevaluated in order to further trim or add to positions. ( now that published I notice that only the one chart printed, while I'm using the new multi window function of TV. Will published the monthly chart in different post)