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April 6, 2009

Gold (GLD) Chart Cracks – 4/6/09

Filed under: ETF - 06 Apr 2009

I charted GLD, a major Gold ETF, at 2:00 pm on April 6, 2009 to show the daily price changes for the past three months.

GLD broke below its trend line of higher lows three days ago and did not recover …

March 31, 2009

SPY Chart – March 31, 2009

Filed under: ETF - 31 Mar 2009

I charted SPY at 3:00 pm on March 31, 2009.  SPY is one of the largest S&P 500 Index ETFs.  I typically trade SSO (double SPY price action), but chart SPY for a better view of the market’s direction.

 All trend …