More on the eye of the storm…GLD, SLV, FXE, TLT..

As this is a compendium encompassing a number of past comments we will just display links instead of the charts.

GLD gave a sell signal, but unlike recent collapses it is just hanging in midair, like the rest of the market.  This sell signal ws for traders, not for investors.

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=6&dy=0&id=p23550335056&a=203282120

TLT.  The bonds are in a downtrend.  Whether this is definitive remains to be seen.

http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=207054001

SLV.  Silver is in exactly the same pattern as gold.

http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=6&dy=0&id=p59476852126&a=203282121

FXE.  The euro is sideways, but we think this is just a breather with the rest of the market, and that it is buyable, putting a stop under the low of the 19th — about 2% down.

http://stockcharts.com/h-sc/ui?s=FXE&p=D&yr=0&mn=6&dy=0&id=p88765093810&a=203282122

The eye of a storm is not a time to let down vigilance.  Shooting and bloodletting could break out when the market sees the election results.

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