Eric_From_PA

Eric_From_PA

Something or someone is stepping in and buying at the 1616 level. So far, this channel has held since March. Watch the 1670 level. Will it break-out and form a new trend? I have no idea, but I will be watching to see if the channel holds through today's session.

Eric_From_PA Updated 

I'm watching the 156 and 160 level. If GLD fails there, it could be heading back down towards the bottom of the channel.

Eric_From_PA

GLD looks to be coiling. Could break either direction in the next week. My guess is down, but I'm testing out some new techniques.

Eric_From_PA

11 year trend. Will it hold?