Monday, March 24, 2014

Gold update

Gold is beautifully following in the footsteps of the chart I posted few weeks back. If you wish to read my comparison chart again, click here . Right now where we stand, Gold should be an excellent buy. This chance to buy will last this week and the next. Prices will absolutely take off on the upside from the week later. If you buy Gold at these levels, have a stop 3% below. Just in case!



Visit StockCharts.com to see more great charts.

Wednesday, February 19, 2014

Market update

Previous market update here

VST turned Bearish (previous bullish from DJI 15572) as of close right now
ST remains bullish from DJI 15694
IT remains bearish from 15879
LT Bullish

Monday, February 17, 2014

Market update

Previous market update here

VST - Bullish
ST - Bullish
IT - Bearish (from DJI 15879)
LT - Bullish

According to me,

VST = hourly charts
ST = daily charts
IT = weekly charts
LT = Monthly charts

I trade the ST but provide recommendations for all time frames


Monday, February 10, 2014

Market update

The market has turned to a ST buy at Friday close. The last sell netted ~  862 DJI points (16462 - 15794).
 
VST - Buy
ST - Buy
IT - Sell
LT - Buy