Dow, daily
GLD, weekly
Summary
Regardless of the how the afternoon goes, with further QE tomorrow - helping to negate any profit taking, the market looks set for a weekly close in the Dow 16200s, with sp'1820s.
--
stay tuned!
Thursday, 19 December 2013
1pm update - Dow breaks new historic high
Whilst the broader market is largely consolidating the Wednesday gains, the Dow has already broken a new historic high. Monthly charts are offering the 16300/500 zone by year end. Metals remain weak, Gold -$24, Silver -3.1%..the June lows are not going to hold.
Dow, daily
GLD, weekly
Summary
Regardless of the how the afternoon goes, with further QE tomorrow - helping to negate any profit taking, the market looks set for a weekly close in the Dow 16200s, with sp'1820s.
--
stay tuned!
Dow, daily
GLD, weekly
Summary
Regardless of the how the afternoon goes, with further QE tomorrow - helping to negate any profit taking, the market looks set for a weekly close in the Dow 16200s, with sp'1820s.
--
stay tuned!