GLD - Weekly
- GLD Starting To Look Like SLV Did Before It Topped
- WOULD NOT BUY GOLD HERE
- If Long, Have 5% Trailing Stop In Place
- Could Get One Last Big Pop Near 190 Range On The GLD
- Note If There Is QE3 Gold Could Go Higher, A Lot Higher
SP-500 Weekly
- Support Should Come In Around 1090-1100
- Once Support Is Hit Look For A Bounce To 1170-1235
- Bounce Could Come Into Play Do To New Hopes of QE3 Or Euro Bonds
- If Support Is Broken = WATCH OUT
- Market Could Go In Free Fail