Are the three primary US indices about to correct?
SPX . . .
NASX . . .
DJYO . . .
How about the gold market? Has the bull market already started?
I think among gold indices, GDX etf is the most advanced trading outside of the 2011 resistance line. . .
SPX . . .
NASX . . .
DJYO . . .
How about the gold market? Has the bull market already started?
GLD has still a long way to go to break that resistance line from 2011, but as far as that 20 February 2012 down trend line is concerned, GLD has already broken it last 01 February this year.
I think among gold indices, GDX etf is the most advanced trading outside of the 2011 resistance line. . .
Followed by HUI . . .
How about the XAU/USD?
And what's the meaning of all of these for PSEi?
Don't take these charts seriously. I am simply a newbie trader in search for a macro trading trends . . . but once the 7000 resistance was broken, perhaps Sol Padha was right. PSEi will just follow the direction of its western counterparts.
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