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Thursday, August 18, 2011
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Thanks for your reply to my GLD inquiry. My analysis suggests a decline in GLD starting next week and lasting for a few weeks at least. Perhaps a deep decline of the entire bull run (50-61.8% retrace). Wonder what kind of top you are seeing here. Sounds like you are expecting at least an intermediate term top.
Hi Jim,
ReplyDeleteThanks for your reply to my GLD inquiry. My analysis suggests a decline in GLD starting next week and lasting for a few weeks at least. Perhaps a deep decline of the entire bull run (50-61.8% retrace). Wonder what kind of top you are seeing here. Sounds like you are expecting at least an intermediate term top.
A
Alesund,
ReplyDeleteLook at this chart and see if it answers your questions.
http://www.freestockcharts.com?emailChartID=060eb468-7ef9-4b34-ae79-1bac38c8fc3d