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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: Hawkmoon who wrote (78532)8/26/2011 6:56:40 PM
From: 2MAR$  Read Replies (2) of 217713
 
Trying to analyze this PM trade we got continuation bounce on them today , though i came up with that "1760" in the most serendipitous way , looking pretty good for anyone that caught it on the dip to $1700 (30ma)....still just have a little trouble with finding a way to have interpreted that buy point on the swoon with an indicator .

1rst swoon was to 1830 then 2nd was down to 1760....last swoon to 1700 bounces back up to that same 1760... and again today that 1760 was the low support , upwards to 1830 here.

* Gold got detached from Currency trading but FXE really popped to the upper channel today, can see after the bounce off $1700 the continuation off 1760 again or 20ma....still pretty bullish for that last big dip took the CCI just down to "0" middle and RSI was still above 50 .

Well 1760 is the 20ma where again took off from today , just the WAG 1850 would prove
R if not here at 1830 ? If it were to attempt to retake 1900 will be wideyed at that.

Chavez does want his 200tons back in a couple of weeks , that scramble hasnt changed, wonder
how Wall St will fare if Storm Irene ends up grazing NYC with any energy ?
They'll need hip-waders...

(BLue Line=30ma, bullish bounce off CCI=0, RSI didn't even get down to the 50)

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