Tag Archives: GLD
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
A.M. Look 7/9/13
Stocks.. GLD…122.88-123.33 is resistance. Closing above this level will lead to a test of 125. AGQ…a close above 17 is needed for a try at 19. GDX…technicians will be looking for an upside breakout above 23.70 to hold and go … Continue reading
Midday Missive
GLD ETF…expect price rejection anywhere close to 122.88 the first time up.( App 1275 August “Q” Gold. Do not try to buy strength into this level. This instruments is buy on dips, not on strength. A close over 123.91 would … Continue reading
GLD & Gold position Update
We’re stopped out. We have no positions. We gave it a go because we’ve had this as a tgt level on our matrix for months. Fundamentals had nothing to do with the attempt. It was a measured look off our … Continue reading
GLD…Trade Alert!
Buy the GLD with a stop at today’s low Futures traders Use today’s low for your stop.
A.M. Look 4/25/13
Oil…we got to 92 a little faster than I expected. All new strength is needed over 92.25 is needed for more upside. Brent…102.25 is Fib resistance. 102.90 can reject the first time up with the next good resistance and tgt … Continue reading
Gold…Pattern Alert
The Gold is trying to put in the pattern it couldn’t complete yesterday which was an ORH in the GLD ETF as well as the futures. 1691 is the short swing Fib resistance the first time up.
Gold…Trade Alert!
Buy the Gold with a “1674” stop. We’re looking for 1715 ish initially. ETF traders GLD…A close today over 163.17 should have you long looking for 165-166