"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, January 7, 2011

Time for the Gold-Silver Ratio to put a stop to the foolishness?

http://www.biiwii.blogspot.com

Well, technically it has not begun an uptrend, but also technically speaking, it is doing things from which an uptrend could ignite.  To review:  Rising GSR indicates declining speculative liquidity and signals closing time at the casino.

I like to use the ADX as an early trend tool.  It indicates that the downside momentum is running out and a cross of the red and green lines indicates it may be time for its big brother, the AROON, to cross as well.  We shall see.  Risk for the broad market... Beuller?