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 691.66

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Jan 16 4:00 PM EST

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To: Vendit™ who wrote (42612)	12/27/2012 9:01:17 AM
From: GROUND ZERO™	of 222044

Regarding gold, on 12/20 the Feb contract did trade at a low of 1636.00, this is very close to the major downside VP of 1633.20, so it may already have seen enough of the VP and rallied nicely from there... of course, with another two weeks in this cycle, it could re-visit that low, but that would not be a good sign technically... so, if gold were actually to bottom right here, then that low should not be re-visited or violated... GZ

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