Sive Morten
Special Consultant to the FPA
- Messages
- 18,664
Good morning,
Gold shows anemic reaction on overbought yesterday, but for the truth sake - XOP has not been hit yet. Today it is. If market shows no reaction - the shape of price action will change:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Gold shows anemic reaction on overbought yesterday, but for the truth sake - XOP has not been hit yet. Today it is. If market shows no reaction - the shape of price action will change:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
