Broken Gold and Oil Stocks
One might be thinking that gold stocks are due for a bounce here, but I would use that for a short if it does occur. XAU is weakened.
GLL the gold …
Archive for: January 2010January 27, 2010 Broken Gold and Oil StocksOne might be thinking that gold stocks are due for a bounce here, but I would use that for a short if it does occur. XAU is weakened. GLL the gold … January 25, 2010 Will SPX Long-Term Trendline Support Fail?I thought the market might hold the SPX 50 dma, but that quickly failed. Friday’s trade began with a breach below the SPX 50dma. Failure to move back above the previous day’s support set up a lower pivot that should be … |
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