tag:blogger.com,1999:blog-2643613788950912206.post4678092974337742452..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: Yellow Flag of CautionJohn Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2643613788950912206.post-25481401494260942202010-07-09T07:40:35.713-05:002010-07-09T07:40:35.713-05:00That sort of gibes with the negative divergences o...That sort of gibes with the negative divergences on the RSI and MACD, as well as the ominous chart patterns in play for GLD. <br /><br />There are a series of nested rising wedges, the smallest of which (anchored by the May high and subsequent low) has already broken down. <br /><br />The next is anchored by the Dec. high and Feb. low.<br /><br />There's also a truly ominous and enormous rising wedge anchored by the '08 high and low. <br /><br />Something to watch, anyway.Anonymousnoreply@blogger.com