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November 03, 2014, 03:18:30 AM |
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These are potential leading indicators. I remember a similar conversation taking place in late 2012. If you will notice on the chart, these two indicators had a peak in 2011 about the same time as price peaked. These indicators then moved above their 2011 highs in mid 2012, nearly six months before price breached it's previous peak. We shall see if these indicators lead again or if they are false signals this time.
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