The September 11 break was support for the rally but has now become resistance. R.N. Elliott could count this chart a few different ways, but all counts point to lower prices.
Chart Courtesy of StockCharts
"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •234 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 987.70 | -9.50 | -0.95% |
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WTI Crude •1 day | 70.40 | -2.08 | -2.87% |
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Gasoline •1 day | 2.027 | -0.060 | -2.87% |
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Ethanol •234 days | 2.161 | +0.000 | +0.00% |
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Silver •234 days | 30.82 | +1.16 | +3.92% |
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Silver • 234 days | 30.82 | +1.16 | +3.92% | |
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Copper • 234 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 74.43 | -2.05 | -2.68% | |
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Natural Gas • 1 day | 4.234 | +0.082 | +1.97% | |
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Heating Oil • 1 day | 2.432 | -0.071 | -2.84% |
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