10 July 2012
Gold Daily and Silver Weekly Charts
Obvious, heavy-handed, and on light volume.
You may not see it, but the pigmen are getting very nervous.
The lawsuits over LIBOR are just beginning. There will be more, and the outrage will spread to more investors and other markets, as they realize the extent of the fraud.
SP 500 and NDX Futures Daily Charts
Light volume and a quiet technical trade to the lower end of the trend channel on the shorter term charts as the market lost momentum and interest in the last hour of trade.
A more serious test *could* occur if the futures push below 1320, otherwise this is the same-old same-old.
Subscribe to:
Posts (Atom)
