Wednesday, December 14, 2016

Evolution on DB

While I have been short this a few days too soon :( It appears that today is actually the first sell signal of the month, or maybe 2 days ago.  At any rate it's very strong at the moment.


Pay attention to the UO on this one.  The boundry lines on the UO are very overbought or sold levels, meaning there is not just the implied direction, but also an implied magnitude. 


November was supposed to be the turning point month high for DB, after a September low, which indeed held up, so there maybe a long way to drop on this one. 

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