DP Trading Room: MUST SEE GOLD CHARTS!

Carl begins today’s show with a walk through General Electric (GE) which was in the news this week. See what Carl thinks of the charts!

Carl covers the market in general and pays particular attention to Gold as it launches skyward. Can this run continue? What does this mean for Gold Miners?

Erin gives us a complete overview of the sectors, identifying strength and where the weakness lies. She also discusses why she likes these to sectors.

01:00 Discussion regarding General Electric (GE)

05:35 Weekly Charts of the Magnificent 7

09:30 Market Overview

12:58 Gold Discussion

23:26 Sector and Industry Group Review

29:30 Symbol Requests

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

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Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules