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Gold, Silver and Crude Oil Continue Their Slide ... while the US Dollar Attempts to Confirm a MAJOR Bottom

Fibozachi's picture




 

Fibozachi

Gold, Silver and Crude Oil Continue Their Slide ... while the US Dollar Attempts to Confirm a MAJOR Bottom

 

- Please click on any of the snapshots below to open a large, crystal-clear picture -

 

GC 1 Minute

GC vs SI

GC vs DXY

CL vs DXY

CL Daily

DXY Daily

VIX Daily

 

Disclosure: during any given session, we may trade any of these instruments bi-directionally.  We are currently flat and merry into the weekend.

 

For similar technical takes, market calls and insights; please visit our brand new website, www.fibozachi.com.  There, you can view both our complete body of analytic work as well as detailed explanations of the unique design development and technical methodologies within the proprietary technical indicator packages that we use daily to perform a comprehensive technical analysis of stocks, options, ETFs, bonds, futures and FOREX across interval periods of time, tick and volume.

 

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Mon, 12/21/2009 - 16:23 | 171077 Anonymous
Anonymous's picture

Analyst Report coming on VHGI Gold (OTCBB VHGI). VHGI is next gold stock

Sat, 12/12/2009 - 09:53 | 161093 Anonymous
Anonymous's picture

Greetings Fibo,
You just can't stop tossing us bones! And for this we thank you. Excellent work; the markets are the fine line between marxism and freedom, so you are performing a great service for the lighter side. Cheers mate !

Sat, 12/12/2009 - 07:50 | 161068 Anonymous
Anonymous's picture

While the Technical acumen displayed is bombproof (ht) there remains the closet skeleton: that this market is managed by bigger, stronger computers, one and two, i'm sort of guessing that aside from providing a bit of Cheer, a strong $ is among the last things the Treasury needs right now.

Fri, 12/11/2009 - 19:05 | 160673 koaj
koaj's picture

time to dump my silver and oil bought back in april...get it again in a few months

Fri, 12/11/2009 - 17:31 | 160555 bugs_
bugs_'s picture

KING DOLLAR.

Fri, 12/11/2009 - 17:28 | 160543 Slewburger
Slewburger's picture

Nice 'pop and lock' reference. I just almost $hit myself laughing.

Fri, 12/11/2009 - 17:24 | 160533 geminiRX
geminiRX's picture

There was upward of 136,000 options purchased for UUP march 23 calls today. I just wish this market would just end my misery and implode already. Can hardly wait to get gold on the cheap again.

Fri, 12/11/2009 - 17:07 | 160497 Gimp
Gimp's picture

Row, row row your boat gently down the stream, merrily, merrily  merrily merrily life is but a dream.

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