haha.. well you are if you think you are But yes you are right PA has become to congested and tomorrows numbers will definitely give it further direction... One thing is for sure; this kind of congestion often leads to a big move...so lets see ...

Only Gold!

Yeah pa definitely could 100 sma is on 1298... Good luck

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Okay... so I think we got a confirmation of a evening star pattern n the dow, s&p and Nasdaq...Hopefully there will be a good follow through tomorrow... Us dollar index seems to have posted a hanging man on the daily chart(not as convinced about ...

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It was an interesting day to observe today... Most of our "resident bears" were absent today... I think this could be used as a good sentiment indicator! I only say this in jest...no hard feelings for anyone! Time to ride the bull ...

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It could be the divergences on the daily and 4 hr actiing out finally...This i barely "a mad bull run"

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I will add many more to this list..Al jazeera, sky news, bbc, reutuers, cnbc etc... Its good to get different opinion from different perspectives....but "live event driven trading" responds to cues from bloomberg and western mainstream media...

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Even though I like to agree...7 the technicals also seem to match up... Gold has been disappointing these levels; we have to be careful of the news reports... We nee Pa to remain above 50 and 200 sma at todays close... Hopefully we will see more ...

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I would still be very very careful! A lot of people are calling that the major us stock indexes have topped...Right now on the daily chart the spx, the dow and nasdaq have an evening star formation on the verge of forming. If you draw a trend line ...

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I am thinking the exact same thing... no point in seeing $5 or $10 dollar moves without an obvious trend...

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hahaha...Is there Ice skating down in Aussieland? I thought that was only a northern thing?

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yeah... we need to close above 200 sma today atleast! data has been very unpredictable lately...This might just be the case for the rest of the month as many people don't trade in april-june as volumes dry out relatively.. Perhaps people are sitting ...

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true...maybe they are about to take off..? We had European markets up all day today despite having bad china numbers also!

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Went where? I did not go anywhere...Neither am I siding with anyone here (US or Russia); except for the idea of sovereignity of nation states and how when a country voluntarily gives up their nuclear arms in should become imperative for the ...

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No I agree...we cannot afford a war! And more likely there will be no war...but the story of ukraine goes deeper and is more complex..but just think it from their perspective...here they once owned nuclear weapons (and they gave it up) and today ...

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hahaha! This trail of thought is no different from that person who gets his stop losses hit all the time...and then he/she thinks that their broker might be conspiring against them!

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Yes somehow all the g7 countries want this to be a "regional/domestic" war; hence with the mild sanctions... But still Putin is provoking the west a little; but generally speaking if the western countries do desert Ukraine... this will not bode well ...

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Yes you are right gold has been teasing in that range...its been stalemated and yes it is the ukraine issue that has stopped the downtrend! & I think it will untill may 25th. Clearly Russia's stance today has implied that they support the referendum ...

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hmm.. Be careful though. As the doji after that "inverted hammer" type of formation implies indecision to a change/reversal. If you look at the daily there seems to be good support; some will even argue that an uptrend is in place;the weekly chart ...

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what hammer are you referring too? Head and shoulder is not convincing... But sure price can fall to 1260

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True! Price has been sandwiched between the 100 sma and 200 sma since the first week of april! A close above will definitely give the bulls some stretch! (usually though....the longer the consolidation the larger the rally...) So you never know this ...

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