OVI Market Update 2014.03.21 – Mixed Signals

It’s a strange market as there are a multitude of head and shoulders (bearish) patterns hovering like clouds, but many OVI readings remain in positive territory. 

Gold and Silver are taking a rest from their recent heroics and the major equity indices are indecisive at the moment.  

As you’ll see in today’s video, we need those bearish H&S patterns to break out from their right hand shoulders to the upside in order for that bearish pattern to fail. 

 

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