September 15, 2013

GLD Weekend update

  • GLD Is taking support at the daily cloud and 50% retrace level. 
  • For a bigger fall price mus trade below the cloud.
  • For bulls the presence of the GAP between 128 and 131 and the broken 50 and 100 Day SMA's will make it tougher to do a bigger up move for now.
  • APPLE Weekly bearish engulfing