The DXY could break down at any moment. Bullish news for precious metals.
I see this trend continuing over the next year or longer. Please follow for more analysis.
I'm taking some Leverage here on GLD. Follow me for more analysis.
SPY bounced down after hitting the .618 Fibonacci level. We also have the 200 day moving average acting as resistance. This could get ugly below the 50 day. #spy #spyshort #stocks
Spy seems to be overbought and the MACD may be turning here. 3 bounces off of the 50 day moving average. Shorting out to May 15. Stop loss would be at 282.