Thursday, June 27, 2013

GLD and Especially SLV are starting

They are starting to give that confirmation I was waiting to see, SLV is more advanced than GLD, but it does take 3C about 20 bars to catch up (figure a 1 min chart, that's about 20 mins).

NUGT / GDX are also looking good here.

I was hoping that I'd have more developed signals before putting this post up and I'll keep watching.

I'm also interested in the market, I thing it comes down as expected, the TICK is AGAIN trendless.

I think it's time to look at some other assets, support/bellwether assets

 GLD 1 min

SLV  1 min

GDX-Gold miners 1 min

HUGT 3x leveraged long GDX/Gold miners.

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