Replies to post #46463 on SPDR S&P 500 (SPY)

[blasher]

Here is a Free version of the Seasonality of GoLD:

GoLD Seasonality

for your viewing pleasure.

[Footquarters]

Hi learning




If you want, I can post what signals I have on my system, basically did that for Jim, but let me know and I will do GLD with the Market Pulse. Just remember that the US is sellin a bunch of gold, so that may effect the market and the trend is broken.

on the nt. charts, we have inverted moving averages which generally mean that rallies will be sold till the shorter MA's get above the longer term MA's. Consolidation at best. So with the 20 and 50 on the daily MA's right above, doesn't look that good on the upside. If it breaks 90 you should see more downside. It would be a near term hold short. I haven't studied the charts, that is just a quick glance at the charts.