for the week ahead

                                            click to enlarge


While there is higher risk that we're entering consolidation period S&Ps cash $1300 - $1370 price action is not confirming that as of yet. Maybe this week things will change, but until they do the path of least resistance is upward.

The market is unpredictable by nature which is why the best is to stay focused on the price and what "it" does rather than what we think the price should do under the current conditions. The price is never too high or too low!

S&Ps cash 60 min. view

          The up auction continues. Enjoy the ride and remember, it would not last forever!


market snapshot

DJIA 12984.69
Nasdaq 2956.98
S&P 500 1363.46
30-Year* 3.127%
Euro $1.3371
Nymex Crude $107.83

follow up on a Gold trade

                                click to enlarge


   @_ the up auction continues

NOTE _NOT AFTER THE FACT CHERY PICKING BS, BUT THIS FOLLOW UP IS GOING ON FROM THE TIMELY, ACTIONABLE BLOG:  

                                                     WEDNESDAY, 25 JANUARY 2012

          gold - daily downtrend line violated

S&Ps projection based upon fifty years of weekly data

follow up on a Gold trade

@__ buyable gap up, and continuation of the up auction continues after a short pause