Archive for May, 2009
Gold Update and Current Direction
The gold market sprang into life on Wednesday, May 20 as it closed in on the $940 level, which brings it back to its best levels since March 20th. We last looked at the gold market on May 5th. At that time, Gold (xauusdo) was trading at $902 you can see that all on my earlier video. Presently we are trading around $937 zone and it looks as though we can see further upside action in this market.
I think you will find this new video very informative and you may watch with my compliments. There are no registration requirements. Please enjoy and give your feedback on our blog. Thank you.
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New S&P Video Analysis
Today we are going to look at the S&P 500 market. We last reviewed this market on May 12th when it was trading at 908. Here we are two weeks later and the market is at 914.
That does not seem like a big move, but we have had some pretty big moves in the interim, both on the upside and downside.
I think you will find this new video interesting and informative. In addition to the two trend lines that we graphically illustrate in the May 12th video, we will share with you today two other tech indicators that we have been watching.
You can view this new video with my compliments. There are no registration requirements. Please enjoy and give your feedback on our blog. Thank you.
Watch the New S&P Video Analysis
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