By Warren Bevan
Jan 23 2012 10:41AM |
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We had a super week in regard to swing trading as markets and stocks did what the charts said they were going to, now it looks like we need at least a few days of correcting and backing and filling before we attempt a new move higher but it was very nice to see the S&P move beyond 1,300.
Ideally I’d enjoy seeing the 1,300 area on the S&P tested again this week. As for the precious metals they're doing well, especially silver and palladium but just because gold isn’t really moving up doesn’t mean it’s sick. | 