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GOLD - Nothing Bullish going on here.


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#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

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Posted 08 March 2007 - 12:27 PM

http://bigcharts.mar...&mocktick=1.gif



Today we get over Fridays High Volume highs on vapor and it gives it up. Note the Quality of Volume DOWN that is starting...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#2 nimblebear

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Posted 08 March 2007 - 12:49 PM

Yes. I wonder what happened with "To da Moon?"
OTIS.

#3 SemiBizz

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Posted 08 March 2007 - 12:51 PM

The magic # is 64.47 here on GLD. Should see volume accelerated down trend begin there. Another thing I am watching is Yen/$ I see ABC Down here A-122 B-114 C-118 D-110 I expect the next move down in the broad market to follow any reversal here on the Yen/$ targeting 118.XX.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics