Zero Indicator
Now Reading
Post Yellen Update

Post Yellen Update

by The MoleMay 21, 2014

For obvious reasons I wanted to wait out the FOMC announcement whipsaw but now it’s getting pretty late over here in Spain and I’ll have to limit this update to two charts. First there’s the Zero which started to paint a positive divergence today:

Starting to look more positive but we still need to see a 1.0+ signal on the Zero Light (right panel). But looking supportive as of right now and this could drive higher into the close. Which brings me to my second chart:

The SPX cash is painting an RTV-L right now and it’s actually a pretty nice one. The long trigger is 1885 – I’ll take this one near the EOD with a stop below today’s lows. Once again only 1/2R and I’ll build it up as she goes. That’s it – see you guys tomorrow.

It’s not too late – learn how to consistently bank coin without news, drama, and all the misinformation. If you are interested in becoming a subscriber then don’t waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.


Sign up here to receive my FREE early morning briefing:

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c