Tuesday March 5, 2019
Looks like the gold complex is completing a two week correction. We should be seeing the start of a strong rally over the next ouple of weeks.
Looks like the MAs want to converge around 76 before the net leg up.
Paper Gold GLD
This is a similar orrection I suspect a three month call on GLD is worth buying but looking at the daily chart not quite yet.
Transports
Transports are rolling over predicting a two week sell off in stocks.
Moving Averages Are converging in HEDGE
A crossover to the upside will be a guy in HDGE
Comments