Wednesday, May 22, 2013

GLD Charts

Where GLD ends up short term after this call position,, I don't know, we'll have to follow the charts, but I do think it will make a big move, this may be part of it or we may come back down to base some more.

Here are the charts for the current GLD call just mentioned, this could be a very quick trade, we'll let the market tell us, but looks great for a call position.

 The 2 min chart moving is just a trigger for me, the real reason for the trade is below...

5 min leading positive, that's a LOT of accumulation today alone.

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