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looking under the hood of Russel


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#1 andiron

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Posted 13 November 2009 - 01:32 PM

Goldman shows the rally is bunkum...Gold overbought.. And russel shows a retrace in the 60 min ..so monday gap down is assured... Chart_of_IWM.gif

#2 SuperSwing

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Posted 13 November 2009 - 01:37 PM

Goldman shows the rally is bunkum...Gold overbought..
And russel shows a retrace in the 60 min ..so monday gap down is assured...


Thanks! So far, SPX looks pinned under the lower trend line from March low. Hope you are right.
Patience is a virtue. Wait for your opportunity and pounce.