Friday, June 24, 2011

24th June 2011–Textbook is always right !

imagesTicker:

 

  1. SLV, ZSL, GLD, GLL

 

Topic:

 

  1. Textbook is always right.
  2. Just like what I have expected on 14th June post.

 

Lesson Learnt:

 

  1. The pattern is just like what you read from the textbook. For SLV, a sharp dive,  followed by a strong rebound and then another dip. In this case there is another small rally back to the resistance line before the actual dip.
  2. For GLD, a double top observed.
  3. The potential of ZSL and GLL is looking pretty high now.
  4. Looks like the Gold rally has stopped !

 

Intraday Chart

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Historical Chart

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