SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (80024)9/22/2011 7:04:52 AM
From: Hawkmoon  Read Replies (1) of 217615
 
Here's the chart for SLV (weekly)

bigcharts.marketwatch.com

Then plug in GLD

What does that 30 week MA indicate to you? It's the next line of major support for GLD at $155

Now compare to UUP (USD bullish ETF).. It indicates USD oversold and breaking out of downward wedge formation.

bigcharts.marketwatch.com

Show that to your daughter and see what she thinks..

Btw.. a stronger is NOT bullish for US equities, which get revalued downward in terms of stronger dollars.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext