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Watch for the ISM on Thursday


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#1 Cirrus

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Posted 27 February 2007 - 10:51 PM

http://stockcharts.com/c-sc/sc?chart=$GOLD:$XAU,uu[f,a]wallynay[p][i][J31387139,Y]&r=979.png

#2 Caduceus

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Posted 27 February 2007 - 11:23 PM

Thanks for the chart. I am watching the same ratio, it is a great example of how a very simple chart can be very effective if you follow what it is suggesting with dicipline. I will watch for a reversal to the downside in the ratio and some derivatives of the ratio on the daily chart to take meaningfull positions for an IT trade. Here is a daily chart to go with your weekly. [attachment=5334:attachment]