nqreadthetape

nqreadthetape

Nice pullback, need to hold 33.61 to keep uptrend intact. Dollar strength is not helping gold today.

nqreadthetape

Still Bearish but those Momentum indicators are curling up nicely. Max support would be around 3 bucks. Looking for this to make a monthly lower high when sector sentiment starts to change.

nqreadthetape

Nice bounce off of 1400 this morning. It's currently in a stronger stance above the EMAs. Accumulation remains strong.

nqreadthetape

Decent for a bounce with low risk but if that support cracks look out.

nqreadthetape

Everybody running to short this pig, it just broke out of a multi year pattern!

nqreadthetape

Is this too textbook to be true? I love every bit of this chart! I bet most of us northerners would love the idea of the CAD making a comeback!

nqreadthetape

Right into a long term key level with the .618 retrace + MFI divergence, Nothing more to say!

nqreadthetape

Nice tops here at the ATH. Definitely a great stock to be in when market is in loony mode. Up here it's a short, especially since they always prop it up going into dividends. Nice MFI divergence too.

nqreadthetape

ATH, low of the pullback, Double top, will it form a lower high/tightening range... Eyes on #XLF #XLV #QQQ #IWM #SPY

nqreadthetape

Anyone else think this is way over extended? Negative money flow and RSI divergence. No volume, yet price keeps going up, What is up with this loony market???

nqreadthetape

A good example of a situation where MFI takes precedence over a simple RSI. RSI shows positive divergence while MFI showing negative money flow. Looking for a short term bounce but I'd stay away from it long term as they do have considerable debt.

nqreadthetape

Key Level

nqreadthetape

Watch for the tightening range showing up on the shorter time frames, use your head people. Crap earnings, ontop of already being way overvalued. Take every piece of news with a grain of salt. Always remember that the big institutions are out to get retail traders. Stay one step ahead.

nqreadthetape

Strong selling pressure this week could push price below the key level $34.66. This, combined with bear predictions for next week could drive it down to the lowest support level of $31. Watch price Friday into next week for further downward momentum OR strong rejection at the 34.60 level combined with a volume push. No Position.