boring day so far for the market. The fun has been with
the precious metal stocks, GDX system etc. We'll see how
these patterns play out, it's late now so perhaps they wait to
resolve tomorrow
yes we'll see, watching to see if it can pop up out of there in
the short term, though eventually I would like to see the market
test the lows or make news lows to put in some kind of wave 5.
Otherwise the area of strength and the place to be has been the
precious metals and gold stocks
Yawn....
Posted by matt on 22nd of Aug 2011 at 03:27 pm
$TICK
$SPX
$SPX
boring day so far for the market. The fun has been with the precious metal stocks, GDX system etc. We'll see how these patterns play out, it's late now so perhaps they wait to resolve tomorrow
matt, I do like the way the indicators are looking
Posted by chas on 22nd of Aug 2011 at 03:40 pm
especially the macd
your new support line on the SPX 15 is very close with the shoulders line on the AUG. 10 H+S. It's just about right on.
yes we'll see, watching to
Posted by matt on 22nd of Aug 2011 at 03:46 pm
yes we'll see, watching to see if it can pop up out of there in the short term, though eventually I would like to see the market test the lows or make news lows to put in some kind of wave 5.
Otherwise the area of strength and the place to be has been the precious metals and gold stocks
on the spx15, do you
Posted by lakez on 22nd of Aug 2011 at 04:59 pm
on the spx15, do you see another drop coming?