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R312 High tomorrow

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will register a NEW P&F Buy Signal on the Trend-leader...Also, the Gold Index P&F chart is still on a March BUY signal(believe it or not),now in Supply and near Solid Support at 2650....the weakening Rand should bolster further Support for this Sector.So,let's see how it Plays on the morrow.
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5 REPLIES 5
YNWA
Super Contributor
ZMan...Gunston 500 time??.....Raybans, waxing lyrical & flexing the pecs....ROGER WATERS - The Pros and Cons of Hitch Hiking at 130 dB....Hows the Copper-tones looking there amigo?
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Y : Aloha,trust you're well....just following the US Mkts right now.Looking ready for some 6ft Quicksilver left-break Barrels to South Beach Coral reef...don't forget the Booties(heh)...and Yup....the Yen is strengthening against the Dollar and has broken out of that Falling Wedge = Carry-trade Un-Wind on its way....### Closer to Home,the TOPI ETF >>>EZA i-Shares have busted the Uptrend and confirmed a rejection at its 50-day Ma( with a nice Dive waiting.)We'll see how that all translates on the morrow....Red Tide ?
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Y : It's all there with a Bearish everything on the TOPI ETF at 3.54pm Eastern Standard Time - ADX sell crossover,PPO fully Red,MACD red,Money-flow negative,RSI under 50,MACD Histo -Eina !....sniff-sob,where's me Kleenex....60min ATR P&F clings desperately to Support on Sell signal.....Conclusion: Are Hedgies getting ready to flee to safe-havens with their EM dosh ? Looks like the Shanghai-drop could get Catchy....soon at a Sweet and Sour near yooooo..Adios,compadre.
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YNWA
Super Contributor
Yebo...MACD on the EZA iShares looking more like a Kitzbul ski slope since April 26...nice warm fire & José, rest of week could be telling.....keep the info. ticker running bro'....
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zipreeper
Occasional Contributor
june 8 and gold miners are being punished. seems george soros was right to sell his bullion.
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