DellGriffith wrote:I have GLD as very close to support as defined as drawing a line connecting the bottoms of sept 11 & oct 1. I also have GLD as very close to support as defined by being close to the lower bb. Not a good place to short with those supports in place in proximity (even tho they may fail to hold).
GLD weekly not pretty but it is at 10/20sma support.
SMH: a break on today LOD level next week will pull it back down to 52 support level. For now Long term is failing to regain the upper trading range, super kiss level on chart pattern
My comments are for entertainment/educational purpose only. NOT a trade advice.
TLT daily testing 50d.. NDX pressing recent highs + Monthly candles atm.. SPX monthly must be best month in years.. similar to Oct 2011 candle one giant stick save for the majority of mutual funds.. year end today.
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Last edited by fehro on Fri Oct 30, 2015 1:45 pm, edited 1 time in total.
double bottom as expected. the current pullback might still be bought.
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yup +5.8% for the year SPX wise .. from Nov 1/14 till today.. nice stick save on the monthly…. those y/e mutual fund reports being sent to their customers!
Cobra wrote:Out for lunch for about 2 hours today, so will have no comments for 2 hours. bye guys. be nice to each other, don't fight, I'll bring you candies.
2 hours?
Candy? Did I hear candy? Can I have peanut butter cups? Like lots of them???? Oh goody!!
You didn't behave. I heard you yelled a lot "never ever" blah blah, so bad boy, no candy. Go back your room, think hard what you did!
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