"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, May 3, 2010

Does China Look Bullish?

It doesn't look bullish by the FXI weekly chart, that's for sure. And that is not including the EW wannabe labeling as I don't really use this stuff due to so many other more sensitive indicators with which to work.

If weekly MACD follows STO (below 80) and drops below zero dat will not be err, good.