Thursday, August 6, 2009

Market Fires "Second Stage" Rocket?

"The Shell is on the Way. Where or Where Does it Land?"
2 Day, 10 min. - Aug. 6 - A/Ds were bearish and mitigated against long positions in spite of good signals to enter the market (Gold Spots).
20 Day, 2 Hour - Aug. 6 - Bullish Trend remains intact. A break is likely to come and it may be sudden and dramatic. Defending your long positions is imperative.
3 Month, Daily - Aug. 6 - Technicals have yet to signal a turnaround. A sudden reversal may be all that you see.