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Strategies & Market Trends : Group Theories

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To: macavity who started this subject9/27/2003 9:04:07 AM
From: macavity  Read Replies (1) of 1017
 
IT Outlook : PMs and their Stocks.


Stocks
Bearish, both PivotCharts and Momentum.
Trends are so strong that I would not be surprised if we see a re-test. Though IT TrendStrength had begun to diverge on the rally to the peak.

$XAU: BEAR while $XAU < 98.49
$HUI : BEAR while $HUI < 213.88

The metals are however neutral, with a reversal in WEEKLY charts.
Follow through of this reversal will turn IT PivotCharts negative.

$AU : BULL while $AU > 379.40
$AG : BULL while $AG > 5.11

none

-macavity
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