1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Wednesday, January 18, 2017

Divergences

This will be a test run on divergence in some sectors. It is not advice on buying any sector and many are in between where I want for perimeters for buying or selling. Being they are in the middle of what I would choose it would be like a practice on paper trading and not risking any money.

Silver and Gold have been on a run, Oil has run up as well as Natural gas.

Things to consider also is we will have new real leadership with America first ! Yea !

Both Silver and Gold have a bullish Divergence with the AD chart ( Advance----Decline )and both and broken through the 50 day MA resistance. That should now become support. They may also test that support level till the MA begins pointing upwards but for the moment the pressure is to the upside. The USD may affect this as it looks like it has downward pressure which would be positive for both Silver and Gold.

The DOW has a large negative divergence. Use caution.

Oil and Natural gas are in between with what appears to be some downward pressure. Both are above moving average ( MA ) lines so look for support to be there and possibly tested. Both have negative divergences with the AD chart.

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