Archive for August 4th, 2010

Gold Continues to Exhibit Bottoming Behavior

| August 4, 2010

Last week, we identified the development of a short-term cycle low (STCL) in gold on July 28, suggesting that the likely formation of a bottom had begun. In order to confirm that the latest cycle low was in place, we needed to see additional strength in the gold market this week, and we have received […]

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Short-term Forecast for August 4, 2010

| August 4, 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 moderately higher today, moving up to recent highs of the bearish rising […]

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