Global Capital Reserves: Daily Stock Chart Shows More Selling Volume

Friday, May 15, 2009

Daily Stock Chart Shows More Selling Volume

The divergence has been confirmed, and selling is picking up steam on the daily chart also. Note the selling volume increasing on the Klinger Volume indicator. We are now struggling to find support at the 20-day Moving Average.

S Benard at 10:27 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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