Wednesday, December 8, 2010

Areas to watch

I am back but this cold weather has gotten me sick. Rrrggg hate this time of year I am always sick.
Anyways current upside target range in the market is 1243- 1286. I will assume any trade in the upper area of this level will trigger some sizeable selling. Also it should be noted that we have small divergences setting up and these area I would take profits if you are long.

Gold has taken a slight pullback but I think it still goes higher. Anyone seen silver, that's what you call a lagging play!!

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