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Strategies & Market Trends : Classic TA Workplace

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To: hawkeyefan who wrote (192235)7/20/2011 6:10:54 AM
From: 2MAR$  Read Replies (1) of 209892
 
SPX popped later in the day & the SLV/AGQ/PM's dropped ....(wanted to join the party , lol)

$Silver had just made that kiss to $41 (and 70rsi ) which matched congestion top high April 10th & where a small pullback there right before it went parabolic...

Don't know what to say about the FXE /USD trade in here other than it may trade up a little with 20/50ma looking like strong resistance (fxe) , while the USD trades sideways for the while (?)

SPX popped later in the day & saw SLV/AGQ & metals drop ...now to see how
these lower tops in silver/Au serve as support & lower down strong support around those two tops @ $36.77 area .



April 10th congestion top pivot of $41 , just b4 it went parabolic...was just hitting
70rsi there ...

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