http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 Screaming signals. Gold gaps and a power bar. Actually we don't think there is an explanation for this action. Peripatetic pundits natter on about inflation, Iraq, tea party…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=10&dy=0&id=p53999843979&a=214966864 We are told that the market has now traversed 42 days with out a move exceeding 1%. And, furthermore that 82 weeks have passed since the Dow touched…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=2&mn=6&dy=0&id=p46848720526&a=234983962 We have been struggling with the gold chart for hours and hours trying to understand what we are seeing. We have been bearish on gold for some…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=7&dy=0&id=p59103334454&a=298224028 After five months of sideways markets prices broke out and are now accelerating. It appears that the present markets are being characterized by many flags. Here in the…
In October 13 we presented the above chart ( http://www.edwards-magee.com/?p=4463) (link below next chart) which made a daring analysis based on the rule of seven. We didn't make a…
