Tuesday, July 24, 2012

July 24 update

SP500
Going back to the July 2 post. If the SP500 index closes below 1325 be very careful and possibly get out.

From the last post, note the close was almost on the 42 td simple moving average.

Turns often occur near  the Venus quintile (72 degree) Uranus which is exact on July 26. Give it + - 2 td's.

Gold
Remember July 26 is fib 233 td from the Aug 23, 2011 high.

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