Thursday, September 3, 2009

Range Bound Box Breakout

Box Breakout - Is this a Fake Out or a Return to Bull Move?
2 Day, 10 minute - Sep. 3 - Break out in the Closing hour of the Market. Is this Real or just a Fake Out?
10 Day, 60 min. - Sep. 3 - Short Term Bear Move in a Bull Rally.
3 Month, Daily - Sep. 3 - Corrective Pull Back at Gold Spot below prevailing dominant Bull Channel.
1 Year, Weekly - Sep. 3 - Pull Back Candle is still within the Bullish Channel.

Range Bound Box

Correction Underway in Bull Swing High

A Pull Back at this Point is Healthy for the Market. The "Pause that Refreshes."
10 Day, 60 min. - Sep. 3
3 Month, Daily - Sep 3
1 Year, Weekly - Sep. 3