Monday, May 9, 2011

Cotton sell signals

This morning on Barchart I detected sell signals on the Cotton ETF (BAL).

Technical sell signals:
  • 80% Barchart short term sell signal
  • Trend Spotter sell signal
  • Below 20, 50 and 100 day moving averages
  • 31.65% off its recent high
  • Relative Strength Index 31.00% and falling

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