Gold Versus Paper
Financial site dedicated to Gold, markets, cycles, charting and investment ideas/themes.
Tuesday, May 12, 2009
Another nail in the bullish coffin
comes from the Russell 2000 Small Cap stock index ($RUT). Clean break of the trend line shown below using a 4 month intraday 60 minute chart:
The nails will start coming fast and furious over the next 2 weeks - sorry, bulls.
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