I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Tuesday, December 20, 2011

Dec 20

I haven't said much the last few days because:

1) When there is no reason to say anything, then don't say anything
2) I have been very busy, which reinforces point 1

My 60-min Trend System issued a buy signal. See here and here. (These updates are sent out as part of my Trend System Notifications).

Bottom yesterday was on highly negative divergence. But divergences have to be confirmed before they are tradeable. The move up today confirmed the divergence and a buy signal was issued.
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