This all fits in a bizarre way according to what we expected and what we saw last Friday, it's just in Fast Forward about 10x thus far... Still conclusions can't be reached this early in the day.
Tuesday, September 6, 2011
GLD-Update
So much for the safe haven trade...
This all fits in a bizarre way according to what we expected and what we saw last Friday, it's just in Fast Forward about 10x thus far... Still conclusions can't be reached this early in the day.
GLD 1 min 3C is trading in line-the gap up WAS confirmed...
However the 5 min shows distribution quickly set in and a steep leading negative divergence. As I said, someone knows something we don't, the evidence is on these charts.
This all fits in a bizarre way according to what we expected and what we saw last Friday, it's just in Fast Forward about 10x thus far... Still conclusions can't be reached this early in the day.
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