Posted Wednesday, January 25, 2012 @ 7:00 am by Dr. Wish
19th day of QQQ short term up-trend; GLD at resistance
GMI remains at 6. Is it time to call this a resumption of the bull market?! This daily chart of GLD suggests that gold is at resistance. Will it resume its down-trend or break through?
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Comments ( 4 )
Chris added these pithy words on Wed, 1-25-12 at 9:20 amWorden can stay above 80 for a few months if it wanted to. But, at this level the market is not as explosive as it is at say 30 or 40.
Ewish added these pithy words on Wed, 1-25-12 at 10:26 amT2108 can stay a little above 80% for weeks. 90% is a rally killer, however.
Chris added these pithy words on Wed, 1-25-12 at 2:38 pmLULU should be breaking out soon. Just making you aware because it is going to go unnoticed by a lot of people. This stock is worth watching
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