Wednesday, May 29, 2013

If You Have an Intraday GLD Call...

That you are looking to sell today rather than try to wait it out (I sold half today-the $130's and hold half-the $133's), this may be a good time, it looks like a GLD pullback intraday or at least loss of momentum is coming.

 1 min leading negative...

However not so bad that it has touched the 2 min chart so I think longer term (swing still), GLD has more to go, but it looks like it will correct soon intraday

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