Oil broke above $90 today and Gold closed above $1400. Brent Crude is trading above $105. Resisitance is at $108. A weekly close above $108 will signal a test of the all time high at $147 in 2008.
The SELL signals have been triggered on BSE, BVSP, DAX and FTSE and N225 . HSI will signal a SELL with a close below 23300 today. Watching the only market still showing strength...... S&P500 below 1330 will be the first sign the markets are correcting.
The SELL signals have been triggered on BSE, BVSP, DAX and FTSE and N225 . HSI will signal a SELL with a close below 23300 today. Watching the only market still showing strength...... S&P500 below 1330 will be the first sign the markets are correcting.
Really enjoy your posts, been following for a year or so now. I remember you were good enough to lay out your ma crossover rules on iii once but I can't find the post. Would you consider sharing those you use for indices and gold please?
ReplyDeleteDon't know if you'd be interested but in return I could share some java classes I've written for trading gold with a particular broker?
Cheers