It is grinding around here and despite some test on the upside, I will argue that gold is still bearish mid-term. I am looking for it to correct down to 1026-1032
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Chart 1: SPX Daily Chart 2: SPX Weekly Chart 3: NYMO Daily Chart 4: VIX Daily Chart 5: EUR Weekly A few good reasons to... -
This is an update on my previous blog on Apple on Nov 9 this year (http://tecknicaloutlook.blogspot.sg/2012/11/apple-is-doomed-like-microsof... -
Microsoft in the tech boom of 2000 was the market darling. It could do not wrong at that time and was targetted to be the first trillion ... -
The move in USDJPY upwards has been too fast and based on a massive QE plan if Abe gets elected. Fact is Abe hasn't been elected yet ... -
My prev post mentioned that Apple will rebound from oversold levels and make an attempt to go above 700. It did rebound but has since br... -
There is a break in Aussie ST rally from late Dec 2011. Despite the RBA move in holding interest rate steady and China Feb PMI near 50, it h... -
Sterling pound attempted the 1.63 (2012 high) on Friday but failure to close above it and the ensuing shooting star formation means near ... -
Apple touched 700 to a high of 705 on 18th Sep after selling near 2 million units of the Iphone 5 in the first 24 hours. Even after selli... -
There is strong probability that US Index has reached a short term top. And we could see some possible downside from here. My conviction ste...
No comments:
Post a Comment