On NYSE - NAK sp still a runner with gold. Currently selling off to profit taking. Daily Technicals indicate Bullishness is getting tired. Techs for 15min and 60min have gone Bearish.
Dow is the little Energizer Bunny that keeps going and going. Daily techs are converging but just do not want to cross. 15min and 60min are somewhat Bearish at this time, but that may be a lull before another run. GE has been a bright spot. Gotta luv those GE commercials. Market is somewhat mixed and in a kinda-sorta holding pattern with Bulls resting. Mutual Funds need to keep up with each other, so the buying may continue for quite some time.
Gold, overnight, got a bit of a pump-up after close of Sydney, then knocked on $1020 at close of HK, and again when Market opened this morning. Still knocking on $1020 from time to time. GLD chart shows peaking and converging with very strong OBV support. Very much still running with the market at this time. One of these Energizers have to run out of juice sooner or later. Also, posted a couple of articles in OT on each point of view being a Gold Bull or Gold Bear.