For those who did not notice, on July 3, there were three positive divergences between the SP500 and the 20DMF, indicating three possibilities of a safe buy.

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I also post below the update of a Figure posted last week here.

http://www.effectivevolume.com/conte...or-July-2-2012

I simply added in blue the returns of the current trade. This trade still has legs. This means that a pull-back today can be bought.

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Finally, We have some difficulties with Yahoo Finance, which we use for historical EOD data and the pivots calculations: Since two days ago, Yahoo is duplicating the data of the last day of trading, which makes their downloading API issuing an error code. We believe that they will fix this problem, but until they do, we have no other solution that leaving the Robots in cash. The IWM Robot was anyway in cash, while the GDX Robot is also in cash due to the weak LT/ST edges.

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Pascal