Long Signal on CEF

Unfortunately, CEF gave a bull signal. MACD crossed positive. I am no longer recommending a short position. It could move higher to fill the open gap.

Short CEF: Central Fund of Canada Limited

I have been reading different web sites looking for some other kind of opportunities. Perhaps, less risky ones, and came across CEF: Central Fund of Canada. Looking at the daily chart, it has reached overbought and MACD has crossed lower. IMHO, this is a great short opportunity to hold until RSI reaches oversold and/or MACD crosses the other way around.