http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 That devilish bar 9 days ago -- a fake out power bar -- chased us from our short position. Today gold (and silver) gapped down and we put…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=8&dy=0&id=p57309614995&a=266398464 The chart doesn't care why the market got a shot of pure oxygen. All it cares is that as everybody is saying, that prices are in open air.…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We shorted gold based on the downgap. A trade rather than an investment. The August buy signal canceled by the retreat and gap constitute that phenomenon technicians regard as…
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=9&dy=0&id=p56283038138&a=256938322 In July we noted that Apple had formed a double bottom and was buyable. Today Apple is breaking out with a serious power bar. Looks like the Apple…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=8&dy=0&id=p84404374865&a=266398464 Our traditional chart which shows a longer term look at the market with stairstop lines and long term trendlines. As we have been saying the market was not…
