Friday, October 16, 2009

DAILY CONTINUOUS CHART OF T BONDS

WEEKLY CONTINUOUS CHART OF T BONDS

MONTHLY CONTINUOUS CHART OF T BONDS

MONTHLY CONTINUOUS CHART OF THE S&P 500

DAILY CONTINUOUS CHART OF THE DOLLAR

WEEKLY CONTINUOUS CHART OF THE DOLLAR

MONTHLY CONTINUOUS DOLLAR CHART

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

2:15 PM PDST AFTERNOON GOLD CLOSE

THE BIG PICTURE

LOTS OF UPTREND CHANNELS AND GOLD IS AT THE TOP OF MOST OF THEM

GOLD ABOUT TO BREAK ABOVE THE TOP LINE OF THE WHITE DOWNTREND CHANNEL TO THE NEXT TWO 75% RETRACE POINTS


THE RED DOWN FLAG SHOULD RESOLVE UP NEXT WEEK AND GOLD SHOULD
MOVE HIGHER ON ITS WAY BACK UP TO, AND BEYOND, THE CURRENT HIGH PRICE FOR
GOLD AT $1072.
TODAY'S RALLY OF THE LOW WAS STRONG, HAD GOOD CONSISTENT UP VOLUME AND PENETRATED
MANY SMALL RESISTANCE POINTS VERY EASILY.
THERE HAD TO BE A GOOD BIT OF SHORT COVERING INVOLVED AS NEW BUYERS MOVED IN
AND DROVE THE PRICE HIGHER.

RED DOWN FLAG RESOLVES UP JUST LIKE THE WHITE ONE BEFORE IT

Treasury International Capital TIC REPORT

Treasury International Capital Data for August

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2009. The next release, which will report on data for September 2009, is scheduled for November 17, 2009.

Net foreign purchases of long-term securities were $28.6 billion.

Net foreign purchases of long-term U.S. securities were $32.9 billion. Of this, net purchases by private foreign investors were $21.3 billion, and net purchases by foreign official institutions were $11.6 billion.
U.S. residents purchased a net $4.3 billion of long-term foreign securities.
Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been $13.0 billion.

Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $18.5 billion. Foreign holdings of Treasury bills decreased $2.5 billion.

Banks' own net dollar-denominated liabilities to foreign residents increased $15.7 billion.

Monthly net TIC flows were $10.2 billion. Of this, net foreign private flows were $14.9 billion, and net foreign official flows were negative $4.7 billion.

Complete data are available on the Treasury website at www.treas.gov/tic.

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD SHOULD MOVE UP TO THE 75% POINT AT 1060.90 THEN PULL BACK TO THE WHITE TOP DOWNTREND CHANNEL LINE FOR SUPPORT BEFORE MOVING HIGHER


GOLD STARTS TO BREAK OUT OF THE BLUE DOWNTREND CHANNEL