Tag Archives: GLD

House Of Cards…

When all three cross below 40%, market is bearish. So far we have 1 out of 3.

Advertisements

Leave a comment

Filed under Uncategorized

$AMZN $SLV Levels to watch

potential targets on breakouts for AMZN and SLV…but be careful on AMZN, $757 will be serious resistance.

Leave a comment

Filed under Uncategorized

$VIX Backtest On Watch.

Keep eye on $VIX as it is rising toward what has been resistance. This could prove difficult to do? Im thinking it will again provide support for any market drops next week. Also, $GOLD looks like it may have hit a wall.

 

Leave a comment

Filed under Uncategorized

Is Gold Finding Sellers? $GLD $GC_F

Commitment of traders is indicating that gold is finding some extreme levels of pessimism on behalf of the Commercial Hedgers. In comparison Gold is finding itself in a similar situation to the last time gold found selling pressure back in late October 2015. Take note of the larger than normal spread in traders positions in the graph below. Will it repeat as it did back in Oct?

GOLD COT

Leave a comment

Filed under Uncategorized

$FCX Levels to watch…

Screen Shot 2016-02-17 at 8.24.39 PM

Leave a comment

February 17, 2016 · 10:22 pm

Trending… Be A Bear $SPY

Looks like it is not very popular to be a bull according to  AAII Sentiment readings….

Screen Shot 2016-01-14 at 11.02.54 PM

Leave a comment

Filed under Uncategorized

Gold target has been reached

Looking for gold to hold the line in this area. The key is to be patient and let it show its next direction. $GLD

Leave a comment

Filed under Uncategorized