Intermarket ratios – Gold vs S&P500

May 26, 2010

Bullish flag breakout on this ratio after an year of consolidation. If this ratio continues its uptrend then gold has to skyrocket!


Table of life

May 25, 2010

Thx to Manish

GOLD – Weekly reversal pattern in place!!!

May 25, 2010

Last week Gold made Weekly Bearish Engulfing pattern which by definition is reversal pattern. This pattern usually produce sell off. Let’s see what gonna happen this time 🙂

Quote of the day

May 24, 2010

There came a time

when the risk

to remain tight in the bud

was more painful

than the risk it took to blossom.

~Anaïs Nin

MSCI EM ETF (EEM) – Time to play BOUNCE!!!

May 23, 2010

Very Bullish Engulfing pattern in place in MSCI EM ETF (EEM) ..time to square short positions and to play bounce on the long side.

TREND ROOM Visitors map

May 21, 2010

Gold broke uptrend trendline – expect more losses

May 21, 2010

Gold stocks performed even worse than phisical commodity sign that we could see HUGE SELL OFF of this commodity!!!!!

Is it gold mania coming to an end…only time will tell!!!!!