Monday, March 14, 2011

DZZ Double Short Gold ETN Weekly Chart Oversold Falling Wedge Positive Divergence

DZZ double gold short ETN weekly chart shows all the ingredients--oversold, falling wedge, positive divergence--to create a big bounce. DZZ moves double the opposite of gold so this chart says gold has topped and should roll over. Look for a right shoulder of an inverted H&S for DZZ moving forward. Chart says sideways to sideways up moving forward. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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