http://stockcharts.com/c-sc/sc?chart=$GOLD:$XAU,uu[f,a]wallynay[p][i][J31387139,Y]&r=979.png
Watch for the ISM on Thursday
Started by
Cirrus
, Feb 27 2007 10:51 PM
1 reply to this topic
#1
Posted 27 February 2007 - 10:51 PM
#2
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]