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World Stock Markets Trading Discussion for Tuesday 11/13/12


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I'm planning on putting on a LONG position today in advance of QE2theX cash landing in the register drawer

 

I'll either be happy to have made some coin...

 

...or you'll never hear the end of it if the market doesn't "rise up"

 

Either way, should be fun

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WTF just happened to gold?

 

Faltered at resistance?

 

The breach of the hourly 900 in October after the 3rd failure at 1800 still ruling the action here.

 

Until Gold convincingly takes out 1750, bears still in control of the IT....God forbid the pre-election swing low gets taken out....

 

If Gold does eventually take out 1750, then it would likely be time to saddle up for possible serious ramp to upside...until then, 1400ish still looms as potential target, before the 2nd decadal wave gets underway in earnest.

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