Slider, (some OT)
Apologies for incomplete TA, yesterday was a festive bittersweet day, eldest daughters wedding. Younger daughter (both raving beauties like their mother, BTW) caught the bouquet, OH MY, come on stock picks
(or goodbye Hummer?) VBG!
H&S still in play NDX but negating that pattern could be coming up,
resistance (is futile, gggg) at 3871 is important
securitytrader.com
See next though,
OTOH
The TYX chart (the chart may change before weekend is out as its not
updated to 6-2) here, if you pencil in Fridays action, is showing one
heck of a nice reversal hammer. An increase in rates not good for
stock market.
securitytrader.com
The OSX chart is not updated as of this time, looks to me like a rather negative stick
since it broke two support lines, though they were not major. I have to check the
candles.
OSX has massive support at 100.
The chart target for PTEN decline is 20 5/8, an interesting TA agreement
with your "information".
For some reason (probably a buy/sell program
connection to tech stocks) NEM is trading badly and PDG well.
I have not checked the daily/weekly as yet for these, just Friday quick read.
I got more AEM just before the jump Friday, currently nice average price, no waiting
for news, no hesitation, it continued Thursday's strength on the open and I loaded the
boat.
Dollar Euro Yen are key and news is EURO will raise % rate.
Better than even chance gold rise may last five more days, IMHO.
Gold sentiment remains bearish except for permabulls (of course) despite Fridays
move, I could not ask for more...
Laggards and golds!
Best Regards,
Roebear |
