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Gold Miner Index Breadth Oscillator Forward-Reckoning
Buy signal validation - Nov 17, 2014

Denaliguide's Summit
Posted Nov 19, 2014

As you can see, Our Private Measure, GIMBO, bottomed twice, one month apart, Oct 6 and Nov 5, and crossed ZERO on Thursday Nov 13 in Bullish Mode, the faster component crossing the slower component Nov 6, in a clear demonstration of how this measure works.

In the sophistication of this seemingly simple graphic you can see why I now call the current move both a TREND, and a Validated Buy Signal. No duration is implied, but stops as we show in each issue of Peak Picks need be employed to assure capital protection.

With the GIMBO Oscillator (thin dashed line), the slower of the components here being crossed by the faster CARTEL~BUSTER!, to the upside, these two proprietary measures that created a Positive Set-up as of Oct 16, now validated the Signal again by confirming where the arrows show.

(my index1®)

Cartel~Buster, is pictured here with a Chandelier Stop Line and an Andrews Pitchfork.

Both are approximate to illustrate the direction and trip wires for this trend, before it makes its first correction, and could trip up investors without the stops contained in our reports.

Violation of any of these areas is not absolute more like a guideline, which is addressed weekly.

For this moment, and this market, this is a Trend, short or long, which we will ride with our individual selections, updated at least weekly, from our hourly observations.

Thanks for your time, visit us for more information.

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Denaliguide's Summit
email: denaliguide1servicecenter@gmail.com
website: www.denaligudesummit

Information contained is for instructional & educational purposes only. Investors are responsible for their own decisions & due diligence. Publisher and associates may have positions in the stocks herein.

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