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Look at the QQQ daily chart on stockcharts.com.
The cci shows triple divergence upward.
Does that mean we go UP from today and break the trendline?
Are we in a decending wedge?
There is no trade on the stock indexes until at least the first week of Feb. when the next DCL will come due. Until then it’s anyones guess as to which way this could go. It’s been in that volatile sideways mess all month just like I predicted way back on
Jan. 1.
Each country is trying to save its own currency while preventing a recession…what a joke. The means: Central banks playing chicken with gold reserves…Paper shorts in gold will ultimately get crushed.
All Time High coming or it will turn back down? Opinions appreciated. Thanks.
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