The stock market vs Gold (SPY-GLD) has dropped over the last 3 days. It is now at a point where it will either bounce (middle of Bollinger Bands, 50 day MA’s) or continue on making last week a lower high with a date for a lower low to March. That would be a… anyone? Downtrend. Me, I’m going to let the charts decide here as I am all around. It’s not a time to try to be controlling the market. It’s a time to let it show its hand.
Stock Market Vs Gold
The stock market vs Gold (SPY-GLD) has dropped over the last 3 days. It is now at a point where it will either bounce (middle of Bollinger Bands, 50 day MA’s) or continue on making last week a lower high with a date for a lower low to March.
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