17 August 2010

SP 500 September Futures, Gold Daily Chart, Silver's Ascending Triangle


SP 500

Goal line defense at that pivot point, but they were unable to break it out above overhead resistance today, even on light volumes.

Come on boys, let's get that GM IPO rolling (even though Goldman poisoned the well for the underwriters by low balling the fee)



Gold

Let's get ready to rumble.



Silver

A Massive Ascending Triangle is building energy for what may be an explosive breakout.



Examples of Ascending Triangles