Gold and euro break.

1101gld

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372

Two breakaway gaps are enough to get us short gold again — using GLL.  This is not the most conservative of trades.  Waiting for the break of the October low would be more conservative, but the gaps are notable and the volume is strong as will be seen at the link.  The stop is 1% over the October high

1101fxe

http://stockcharts.com/h-sc/ui?s=FXE&p=D&yr=0&mn=6&dy=0&id=p24430755344&a=216019099

The euro broke sharply gapping down like gold. Enough to get us short with a stop 1% over Thursday’s high.    We are examining TSLA  and NFLX with an eye to shorting them — but not yet.

No chart but as always we like Apple.

Next PostRead more articles

Leave a Reply