WOW! One post for the day yesterday!
We really do need PB to manage us on this thread!
So how about a few posts today from the BT?
I for one am aiming to get more exposed to gold (was hoping to get set below $1300 but it stuck its head above last night on yet more NK shenanigans) so could I request once again favourite 2 or 3 Goldies? I will collate any responses and post a few charts.
A couple of random TA thoughts from glance at charts;
Gold; o/n move not convincing to me; although I am bullish med/longer term there is an ominous potential for a massive HnS top being formed
XJO: i still see a massive (but unusual) HnS top potential which PB advised me not to mention again here; she is away so I will!. Also noted that the DT line formed from 2007 and 2015 highs; price on on weekly touched this line for last 13 bars; unusual, yes; significant we will see if we don't get above 5713 this week!!
DOW: down o/n ... but well off lows
SPX; down and now outside previously reported (bearish) rising wedge
NASDAQ; Down again .... "One rotten apple may really spoil the barrel?" Apple now down >8% since much lauded iphone7 or 8 (I lose track!)
FTSE; trying to show strength BUT might be a bear flag??
UD dollar index testing (bearish) downsloping wedge
LIT: down again; starting to look concerning?
OIL up (go STO)
here is IG's C Weston morning summary::
(20min delay)