Tuesday, September 4, 2012

GLD Charts

I'm not seeing the kind of signals I'd like to in DUST yet, but I'd suspect that DUST would probably be a decent starting position in the area, it broke under some support, it has a fairly decent looking daily candle formation the last two days, very close to a harami reversal. I'd prefer a straight long position in DUST rather than a souped up leveraged options position.


GLD
 GLD 2 min


 GLD 3 min'

 GLD 5 min

 30 min

60 min

I wanted to see $162+ for a put position so we are well within the area.

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