tag:blogger.com,1999:blog-7194591483809860945.post3264022579048737352..comments2024-03-28T17:16:44.258+05:30Comments on Stock Market Chart Analysis: GOLD bearish price actionSanhttp://www.blogger.com/profile/14560526783105546906noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7194591483809860945.post-25207779157258015962013-10-11T23:14:46.329+05:302013-10-11T23:14:46.329+05:30 End of Week Review
Today is expiration. What a r... End of Week Review<br />Today is expiration. What a ramp job yesterday and today.<br /><br />I wonder how many bears were salivating over their put profits which vaporized into burnt bear?<br /><br />Usually Thursday and Friday of Expiry are fairly boring with some quick ramping action to scare people out of option positions. This one was not like that! <br /><br />Then usually after Expiry, Monday and Tuesday show some big moves. Not sure if that will happen here as this has been atypical. <br /><br />Below are an assortment of charts and indicators, all are proprietary ratios or charting methods.<br /><br />I went long gold futures based on the Egg Pierce and the Bernoulli 50 support.<br /><br />Palladium looks like a no brainer long, and it has a great story, plus it has an excellent inverted head and shoulders and we are at the end. <br /><br />http://oahutrading.blogspot.com/2013/10/end-of-week-review.htmlStockhttps://www.blogger.com/profile/04516118374677265589noreply@blogger.com