In Friday morning’s post, Uncomfortably neutral with no edge available to gold level subscribers, we discussed that our four tactical indicators had started pulling back from extreme overbought territory. The 58-point decline on Friday did a lot to help relieve more of the overbought condition, but they are still not yet to oversold levels that would give us an all-clear signal. Below are the levels we watch for and where they stand as of last week’s close:
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