Wednesday, May 6, 2009

TREND LINES REDRAWN, GOLD MOVING A BIT HIGHER INTO THE CRIMEX CLOSE


The red selloff line is right on top of the blue
vertical line that indicates the 10:30am pdst
Crimex close time. 410 contracts sold off right
at 10:30 and 10:31am pdst (152 of them at 10:30)


Gold sells off right after the close (see chart above)