more downside expected, page-208

SG,

Yep 7.25 is finally broken.....
Interesting to see that GOLD is still holding on above 1200
it feels that there maybe a possibility of gold going a little higher.

I now have closed all my short on NCM and took the profit and took a little "gamble" and opened a small long on NCM

The downside is 5.54 which is again remain a possibility
a small bounce is the one I am after.
The problem is now 7 bucks will become resistance and way above it will bring in new shorts.

US market is going up again??

Cheers,