well....all i want are my cinderella shorts to be held up till june 28th....best shorts of the year...<gg>
Interestingly, gold didn't have much traction today either.
some bad signs on gold charts....
XAU....slow sto d-blow...daily chart
stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G
$CRB....real nasty full sto b-blow....
stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G
NEM....same slow d-blow....
either theres no place to hide as gold and the market crash together...
or gold takes the rest of the month off and the markets do some window dressing before the ride to the abyss in july...
of course any external shock could ramp gold....but with those d-blows...i would short any ramp the next week or so....
nasdaq has a d-blow curl starting on the full....
stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G
but spx and indu might pull nasdaq out of it if they get them green...
stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G
or....everything has d-blows and its short everything with no place to hide....<gg>
like i say....just hold up my cinderella shorts till next friday...and i'll be one happy camper...<gg> |