63rd day of QQQ short term up-trend; Gold hits resistance?


I may not be able to post again until next Monday morning. I am expecting weakness toward the end of the week and into the pre-earnings lull the first two weeks of April…….

Gold may have bounced down off of resistance on Tuesday.   Check out this weekly chart, which shows that GLD cloud not get above its declining 30 week average (red line). Click on chart to enlarge.

1 thought on “63rd day of QQQ short term up-trend; Gold hits resistance?”

  1. Market is starting to weaken. Starting to takes some of the table here. Hourly charts on the leading stocks are omnimous. Sell in May trade and go away is beginning to set up.

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