"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

Friday, November 19, 2010

Doctor Copper - Writing a bearish prescription?

Bearish divergence by MACD, potential Reverse Symmetrical Triangle, impulsive decline (w/ most everything else) and then rise to test the highs/fill the gap?  All amid over bullish sentiment among the dumb money?  I don't like what I think this quack is prescribing.