Keep a Close Eye on the S&P 500 Index and Gold
28 October, 2009
A few days ago I suggested that the time was right to be cautious with the S&P 500. This short video strenghtens that view and I suggest you take a few minutes to watch it.
In this first trading video about the S&P index you will see particularly the MACD cross over indicating that the S&P has topped out for the time being.
I have another video for you too today. This one looks at the gold market. Spot gold may look a little shaky right now but we have seen this before. The underlying energy field in the market suggests that gold is still reaching for highs os 1200 or even up to 1300.
Watch this trading video closely and by using the tools we have available and reading the signals you can draw your own conclusions. Do you agree with the assessment?
As always, no sign up or registration is necessary to watch the S&P 500 video or the one revealing the gold market indicators..
Successful trading to you
Tom.
Compiled by Tom Nadir.
The contents of this report are for information purposes only.
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