Archive for: December 2009

I charted the gold ETF GLD December 24th around 10:00 am.  GLD has broken through two of its longest trend lines recently and the lower of those lines, the one that was the trend line of higher lows, could become resistance, giving …

I charted the gold ETF, GLD, after the markets closed on Wednesday, December 15, 2009 when it finished the day at $110.21.  GLD is sitting at potential support by a few measures, but that doesn’t make this the right time …

I charted the year to date daily prices for XLB late in the trading day on Monday, December 14th when it was trading at $32.86.  It’s kind of a mixed chart of pick your trend line, pick your story.  The …

I charted the large oil ETF, USO, this afternoon when it was trading at $35.75.  For about a month and a half USO moved along in a nice orderly trading channel with a downward tilt.  Last week it broke through …

I charted the large Gold ETF, GLD, this afternoon and see more room for gold to fall.  GLD was trading at $112.14 when I drew the chart below and is very close to touching a new potential line of support, …