The trend is up in all time frames. Consolidating around all-time highs. Price action is healthy. Long-term “overbought” conditions being worked out through time, not price. We use a tight stop on long positions trailed up to @ 1.998 (spot index at close).
Chart courtesy of StockCharts.com. http://stockcharts.com
Please read the Disclaimer!
RECEIVE THE TRADING REPORT FREE OF CHARGE FOR 2 WEEKS BY SENDING ME AN E-MAIL AT: THETRADINGSTRATEGIST@YAHOO.COM !!!