All Entries Tagged With: "SLV"
High Volume Resistance Plagues Precious Metals, Oil & SP500
Last week was a relatively strong week for stocks and commodities. Although the SP500 closed slightly lower on the week the……..
Weekly Gold, Silver, Oil & Natural Gas Analysis
Last week was nothing special as stock market continued to drift higher on light volume and the Volatility Index (VIX) reaching a new multi year low. This mix of higher prices on light volume, multi year lows in the VIX and an overbought market paints a clear picture to a market technician – Be Ready for a Pullback!
Gold, Silver, Oil and Natural Gas Mid-Week Trading Charts
…So far this week has been pretty slow. Large cap stocks continue to lag the market which can be observed by looking at the Dow Jones Industrial Average which still has room to move higher before breaking the January high…
Gold & S&P 500′s One Candle Rebound to Riches
On February 5th we had extreme panic selling with nearly 35 sell orders for every 1 buy order on the NYSE. That extreme panic and dumping of shares was the day we jumped into the market and we nailed the bottom…..
Weekend Gold, Silver, Oil & Index Charts
Since this panic selling low in February 2010 we have seen stocks and commodities work their way higher, which we expected. Overall the broad market looks as though it’s trying to make a move higher…..
Stock Market Trends for Indexes and Precious Metals
In short, stocks and commodities have been in rally mode for all of 2009. So far this year prices have started to slide forming some bearish looking charts…..
Psychology: They Bail, We Buy
It takes a disciplined trader to be able to watch and listen to the market doing one thing, filter out the noise, then do the opposite – all in a controlled manner.
Gold, Silver, Oil & Natural Gas Update
A look at the technicals for GLD, SLV, USO and UNG…
