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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Tuesday, January 4, 2011

oil and gold

oil rejected at the LT neckline and two Fibo Fan lines, currently down nearly 3 bucks.
gold is the same story, down 44 bucks today.
they all in synchronization with the stock market.
as detailed updated to members, the rejection of the "storm melting neckline" of both $indu and $spx tells the best scenario, imho.