Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Frederick Langford who wrote (37344)	6/25/2002 8:30:50 PM
From: Susan G	Read Replies (3) of 52237

This is for you Fred, a beautiful bullflag forming on the weekly chart of the gold futures... mywebpages.comcast.net Every dip to the 10 EMA (pink) has been bought since January. Not once has it touched that 20EMA (blue) that futures longs love to buy - the well known as a weekly grail buy setup. I would think a break of that 20 EMA, at 311 would be negative, but since it hasn't even come close to touching it since January, longs will sure be waiting there. I doubt it breaks... PS that chart was done an hour or so ago..looking at the live chart, it's up over 3 right now.

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