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October 6th, 2014: JJG Daily Chart with Indicators

Posted by pugsma on October 6, 2014

11:00 am EST:  Here a look at the US Grain ETF JJG on a Daily Chart with Indicators.  Notice the positive divergence that has been building on the RSI, MACD and STO indicators, as the JJG price has continuing to decline.   This should set up a rally back to at least the 50-day SMA at 36.60 and possibly the 200-day SMA of 43.81.

PUG JJG Daily Chart with Indicators 10-6-14

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