Thursday, March 24, 2011

GLD

As you probably remember, I'm expecting a reversal down in GLD. We got the move above the intraday highs, it's turned ugly since.

 Today's intraday move above the intraday highs at the red trendline (1 min chart)

The 15 min chart is already negative. Volume picked up pretty well as support was taken out.

No comments: