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USA: Stock Markets – Major moves in opposite directions… My Technical Indicator…

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Original Post Date: 2010-08-02 Time: 20:00:02  Posted By: Jan

Just a quick note. The markets have been teetering about a bit… instead of falling, they’ve been teetering in the opposite directions to which they were expected to go… The DOW is heading UP and Gold is heading DOWN.

I abandoned my Gold position, on the basis of My Technical Indicator, and looking at today’s DOW moves, I will probably abandon my Bear position on the DOW tomorrow… But will write about that later…

The P&F charts are showing strange short term targets for the DOW and for Gold… so watch tomorrow for some news from me…