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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Peace who wrote (120950)3/1/2019 3:11:40 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 222317
 
Thanks for your comment, but to be clear...

You're suggesting that the consolidation in stocks may first be starting now which you refer to as looking ripe for consolidation now???

I do see that big outside weekly bar in the SOX after penetrating above and now possibly closing below that overhead ATH resistance line...

Also, you don't think higher rates and a firmer dollar won't hurt gold's chances for a rally here???

Thanks...

My work tells me all upside momentum is now dried up for stocks, this would be consistent with your impressions if I understand it correctly

Also, the DOW Transports doesn't look good at all, the weekly bar appears to be a reversal to the downside...

GZ