BigM
Full Member
Posts: 142
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Post by BigM on Jul 7, 2017 15:41:47 GMT -5
Looking at the past several years, a break in a multi-month trend line on GLD is usually good for +/- $5. Hoping to see $112.50 on GLD soon!
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Post by theMist on Jul 7, 2017 18:06:32 GMT -5
Potential Bullish pattern If S&P can get back over that descending resistance and valley high of SP2439 that will take S&P to new highs Obviously, way too early to call but can be in play if meets above criteria And if so, VXX may have one more trip left into the 12s
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Post by huh on Jul 7, 2017 18:28:30 GMT -5
Today's action looked like what you would expect from a typical squeeze set-up, except in extreme slow motion.
As I mentioned before, tech could be seeing a final pop here (RS of a H&S in Naz) and could see another 2% upside yet, but banks still look like a top.
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