Monday, July 9, 2012

GLD Request


 GLD 2 min relative negative

 GLD 3 min leading negative

 GLD 5 min strong relative negative

 GLD 15 min relative negative.

The 30 min chart still suggests that trades in GLD should be from the short side.

I don't personally see any VERY strong signals here in which I would want to take a new position unless it was a very small, speculative position.

I still have some open GLD July $155 puts which I'll leave open with the charts the way they are, but I would not personally want to open a new position at this time.

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