Tag Archive | "Gold"

ASX into possible reversal zone…

Monday, March 8, 2010

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Monday March 8th 2010 Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up The upper boundary of the reversal zone we discussed on Friday night was almost tagged today. This is the area from which any reversal should technically take place, but as we said, confirmation back through 4717 is required to get anxious. [...]

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9 November 2009 – Good follow through…

Monday, November 9, 2009

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The market has posted 2 large up days in a row, both of which closed at the sessions highs. Interestingly enough we’ve not yet regained 50% of the ground lost over the last 3-weeks. Also to note the decline through June was -368 pts and the one we’ve just been through, or going through, was [...]

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16 October 2008 – No new dawn today…

Thursday, October 16, 2008

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The suckers rally over the last week was just enough to create 2 bearish setups for us, both of which activated on last nights 730-point plunge. HMY is a Gold stock and I did express concerns that a flight to quality may put a bid into it, but it too fell over, dropping almost 10% [...]

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