Archive for September 15th, 2010

A Note of Caution Regarding the Breakout in Gold

| September 15, 2010

Yesterday, we observed a long-term breakout in gold and noted that both price and time are supportive of the rally across multiple time frames. A subsequent close above $1,288 would confirm the move to new highs and forecast substantial gains as we head into the seasonally strong period for gold. However, there is one technical […]

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Short-term Forecast for September 15, 2010

| September 15, 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 slightly higher today, moving up to a new high for the short-term […]

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