Everything was bouncing today, even the dollar.
The tech stocks were notable laggards, and the miners did not get back all the losses of the past couple of days.
Follow through is everything.
09 June 2011
Gold Daily and Silver Weekly Charts
Everything was bouncing today, even the dollar.
The tech stocks were notable laggards, and the miners did not get back all the losses of the past couple of days.
Follow through is everything.
SP 500 and NDX Futures Daily Charts - Bounced
We had the bounce as expected. It came on support, and from a short term oversold condition.
The next few days will tell if this is just a dead cat bounce or the beginning of a short term trend reserval.
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