Archive for September 14th, 2010

Gold Closes at New All-time High

| September 14, 2010

Gold closed sharply higher today, moving well above the previous all-time high near $1,256 on the daily chart and reconfirming the long-term uptrend. We have been monitoring the development of a bullish consolidation formation in gold and the Gold Currency Index (GCI) since early August, so this long-term breakout has been anticipated. Today’s strong move […]

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Short-term Forecast for September 14, 2010

| September 14, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed near unchanged today, holding at recent highs of the short-term uptrend from […]

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