Another week, another cycle. . .
On NYSE: NAK sp in a downtrend. Made a lower low and now sitting on the lower Daily BB. Techs are bottomed and Daily OBV is supportive, so might be a decent entry point, but beware that the trend has reversed. Was this all about Sig Hansen of "Deadliest Catch" going Bearish on NAK? Hmmm...
Dow is down a touch but trying to come back. Cycle was a short one and has changed the trend with a lower-high and lower-low. Recess proofers are mostly in an uptrend. Hmmm...
Gold also had a short cycle and driven down over the last week. Barely holding $910. Kinda strange for gold to trend and cycle with the Dow.
Hope everyone's week is going well..