"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

Tuesday, May 1, 2012

JNK-LQD leading indictor = Risk On (for now)

Until such time as this indicator falls back below the moving averages, the will to speculate is indicated to be alive and well and the health of over committed bears is indicated to be threatened.










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