We will close this week above MA65 and MACD is turning to positive levels in coming weeks. Looks like it could be great stock to own in long term.
EURUSD starting to slip lower. We have already gone below MA65 and MACD (90,100) is also turning to negative levels. ECB is also starting to use heavier weapons to weaken the euro.
SPX500 has outperformed gold since late 2011. Trend reversed early 2013. How long will it last? Will the run stop in 1.6, 1.8 or 2.2? Maybe it is going to the 1999-2001 level 5.5?
In august 2012 we had same kind of pattern and the move was huge. Can it happen again?
Last time we had this kind of setup in august 2012 and the move up was huge. Maybe it will do it again?