Wednesday, July 15, 2009
DOLLAR HITS NEW LOW AT .7942, DOW STARTING TO PULL BACK FROM ITS HIGHS 30 MINS BEFORE THE CLOSE
GOLD KEEPS WALKING UP THE YELLOW UPTREND CHANNEL
GOLD TRADING WILDLY IN AFTERNOON TRADING
GOLD GETTING READY TO FALL?
BONDS FALLING STEEPLY, EURO MAKING NEW HIGHS
Yen falls
Dow moves higher then pulls back a bit
Gold starting to fall
Dollar slips to .7956 on delayed prices
could be lower or show a sudden PPT goose
Dow moves higher then pulls back a bit
Gold starting to fall
Dollar slips to .7956 on delayed prices
could be lower or show a sudden PPT goose
GOLD SPIKES HIGHER ON THE OPEN, BUT PULLS BACK IMMEDIATELY, COULD CONSOLIDATE HERE AND GO HIGHER
DOLLAR HAS NEW LOW AT .7966
DOLLAR IS CURRENTLY AT .7974
EXPECT THE PPT TO GOOSE IT HIGHER
WITH EVERYTHING THEY HAVE.
EXPECT THE PPT TO GOOSE IT HIGHER
WITH EVERYTHING THEY HAVE.
GOLD SHOULD HAVE A RADICAL MOVE UP OR DOWN IN JUST A FEW MINUTES
HARD TO PREDICT THE NEXT DIRECTION FOR GOLD
You can be sure the shorts will want to hit gold hard before, or on, the Crimex open
The spike high is an 'outlier' in relation to the down flag created right after it
was made and distorts the computations of the fibs using just the down flag
high and low. I show the retrace points using the ultimate high at 9377 for now.
I will wait for a big pull back before buying in to this market.
The spike high is an 'outlier' in relation to the down flag created right after it
was made and distorts the computations of the fibs using just the down flag
high and low. I show the retrace points using the ultimate high at 9377 for now.
I will wait for a big pull back before buying in to this market.
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