Tuesday, May 3, 2011

Update On SLV

SLV

  • SLV came all the way to the mid line
  • Shorts still on with 2% stop in place
  • Watch mid line to see if it hold around $40.00

GLD (Weekly) Bull Fork

GLD

  • Would Turn Bearish If Mid Line Is Broken
  • Close Below $148.50 Would Break The Mid Line
  • A Top Could Be In Soon "IF THERE IS NO QE3"