The Traderszone Network

Published in TZ Latest News 11 August, 2015 by The TZ Newswire Staff

Market Whipsaws Back Down – Gold PMO BUY Signal – NDX Switches Back to Neutral

It appears that China may be the new “Greece” for the financial press to use as explanation for US market action. However, the devaluation of the Yuan overnight likely did have an effect our markets. A hefty decline after a nice rally and we have a whipsaw situation. The NDX just generated a new STTM BUY signal yesterday that was nullified today as the 5-EMA crossed below