We have some clear price and RSI/MACD divergence on the 15m, 30m, and now (faintly) on the hour timeframes. It is best viewed on either the 15 or 30m. Due to the nature of this market I am not willing to predict an immediate (1-2h) full retracement but we should see the majority of this formation gone. Keeping in the back of our head we are under the death cross, the 10-30 EMA weekly cross, and the optimized daily 13/48 EMA cross (read about that here:http://etfhq.com/blog/2013/01/15/golden-cross-which-is-the-best/)
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion