Archive for December, 2011
Directional Analysis on Gold and US Dollar Futures (12-19-10)
So far both the Gold and Dollar seem to be heading higher. This is more of counter intuitive view, since move people think that they should move in opposite directions. In this video I am showing what is going on with the technical and what are my biases of the movement of both the Dollar and Gold.
Market Analysis Using ETF’s (12-19-10)
The market is starting to look better and better for the year ahead. So far we seem to be consolidating before we move to new highs, but I am seeing some negative divergence on the moving averages of the MACD. Of course, that could all change the soonest we breakout with higher volume. I will be watching this market closely and will make new updates accordingly with any new development. As far I see it now, the directional movement is higher.