Wednesday, November 4, 2009
What I am looking at
Nothing for me today and yesterday because of FED meeting. Just watching and doing other stuff that I need to complete - Here is a 240min chart I am following
Tuesday, November 3, 2009
BINGO- GOLD 1076
Finally hit its target and actually went over so you all know what that means- higher prices are coming.
Updates
I will be busy today and tomorrow so just a heads up on the markets. Yesterday's bounce was 100% a spot to get short! What occurred the last two weeks was just our regular trend of earnings season and with most of the heavy weights out of the way we are back to analyzing the economic data.
Watch that 1023 area and below that we could head down to 1012 very quickly but as you know I am looking for us to clip below 1000 very shortly.
Right here I am totally confused by oils movement but I am sure it will resolve itself soon. Also Gold looks like it wants to finally tackle it triangle target of 1076, we will see soon enough.
MARKETJEDI
Watch that 1023 area and below that we could head down to 1012 very quickly but as you know I am looking for us to clip below 1000 very shortly.
Right here I am totally confused by oils movement but I am sure it will resolve itself soon. Also Gold looks like it wants to finally tackle it triangle target of 1076, we will see soon enough.
MARKETJEDI
Monday, November 2, 2009
Funny
They ramped us up to +130 points on the DOW now we are only +10. If we don't bounce around here I would not put it pass us trading down to the 1022/23 level today or overnight.
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