Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 687.86

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Dec 29 4:00 PM EST

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To: KingHigh who wrote (15270)	3/11/2011 10:56:38 AM
From: GROUND ZERO™	Read Replies (3) of 220820

As as example, for April gold, the VP is both 1416.00 and also 1424.50, due no later than Wednesday March 16th... take a look at the chart and see what happened at those levels, and the market is still hovering at the 1416ish level this very moment... we rallied above the initial VP and was then repelled at the next higher one... now, we must close above 1416.00 on next Wednesday because that's the market due date for that VP... otherwise we'll have a confirmed sell signal for gold, so that market is right now flirting with a sell signal... The fact that it moved above the first VP shows internal strength, but the second VP slowed it down and in fact repelled it back down to the first VP... these VP levels and dates are determined months ago by my model... charts.insidestocks.com GZ

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