Midday Missive

Sold all of My Long 25 Aug 16 GDX calls @ 1.82 average.

Rolled 1/2 into Aug 16 27 GDX calls @ 80 cents

Nasd 100/Bond into its 200 DMA

Spoo will need a print into the 2921 ish to confirm this weeks high.

GoldinEuros has retested its 2012 breakdown level @ 12623.
It will take sustained closes over this level for higher.

The level is matching up with a 50% fib level in Gold @ 1440 ish.

I do not think it the high. Just a reaction level

Time frame trading the rest of the day.

This entry was posted in Archive and tagged , , , , . Bookmark the permalink.