ETF CORNER

SPY : Last support

If this Bull is still alive then we must bounce off this yellow support line today...

USO : Bullish

USO will probably break that consolidation triangle on the upside in the next few weeks.

As for GLD, I think that it will get to the $160 i talked about in the previous post. So that is a nice entry point in my view.

GLD : Almost there.

Gold is getting closer to the $160 level i pointed out on the last post.

I think it's a matter of a day or two before this think rockets higher.

NEM : Newmont Mining