RE: US Stocks - Watchlist and Discussion
Golds four week consolidation is looking more interesting with the stocks potentially turning down again. The 30 week MA is turning up again, and the relative performance versus the S&P 500 remained above the zero line during the consolidation of the last month.
The 2 hour chart shows the micro Stage 3 range that's formed, so a breakout above 122.5 could be a potential continuation point imo.
Attached is the weekly and 2 hour charts
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.