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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Monday, June 20, 2011

This Week in Charts

Generally speaking the market is looking very weak. The market seems like it is about to roll over in quite a few places. See this post on Slope here.

For the most part, my plan is to play with a few shorts, but to flip into gold when the moment is right and never look back. I am hoping for gold to break downwards and hit 200 DMA.

For now the SPX looks downward trending, Interest rates looks depressed, and I am posting a chart on AAPL, since it has been the jewel of this bull run.

To the charts!

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