19 May 2011

Gold Daily and Silver Weekly Charts - Le US Douleur Wallows







SP 500 and NDX Futures Daily Charts


No breakouts, stocks remain in a short term downtrend.

LinkedIn IPO came into the market today, and it was bubblicious.

GAP slashed its outlook after the bell on rising costs.

Dominique Strauss-Kahn was granted bail, with a form of house arrest while he awaits trial.



18 May 2011

Gold Daily and Silver Weekly Charts



So far the support levels are holding well.

Let's see how the rest of the week goes. Overhead resistance is key here.