sp'weekly
GLD, daily
Summary
*note the upper bollinger.. now in the 2150s. By the next FOMC, we could be in the 2170s, which would interestingly also be a tag of the upper bol' on the giant monthly cycle.
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Anyone still doubtful about broad upside into mid June?
Greece remains a wild card, but then.. that has been the case for a full FIVE years. Clearly, some are picking up mini-crash protection via VIX calls, but overall... with new highs today.... bears got nothing to tout.
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As for the bears... I think the following sums up the current situation...
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back at 2pm