http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=5&dy=0&id=p96388783504&a=255869372 Strangely, and rarely seen, the metals markets roared on in spite of the implications of the flags. We bailed on our shorts and got long again. It is clear…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=5&dy=0&id=p96388783504&a=255869372 http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=9&dy=0&id=p15218233755&a=236108789 You can't get much clearer flags than those flying in gold and silver today. Virtually perfect formations. So what do you do when you have a lead…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=255869372 Gold and silver (not illustrated here) have broken out and we are placing long trades in these instruments. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p70413847164&a=214966864 Meanwhile it appears that the SPX has been turned back…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 In a trice the market mood changed Thursday and Friday. Prices tore through the previous high Friday on strong power bars. It took 2 days to recover a nasty…
Or it could be called the week of the long tails. Wednesday was nothing less than bizarre with the Dow down triple digits and then reversing to finish up. All…
