Friday, December 2, 2011

MACD Buy Signal

A valid MACD buy signal has triggered for the Qs.  All four previous signals this year led to significant gains, and there is no reason to believe that this won't as well.  However, a pullback is likely as a clear 5 wave impulse has completed on the intraday charts.  There is no way to know how sharp it will be, but regardless it will be a buying opportunity.

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