'WHERE PATTERN SPEAKS FOR ITSELF' - OBSERVE&TRADE

Saturday, March 14, 2015

Market Update

The market is not looking good the past week or so. Gold got melted further, and there is no sign it will shine despite its lustrous color unless more Indian women shed more money to buy more gold for 'dowry'? Oil continues to get burn despite the proliferation of solar(s) or electric driven vehicles? or more oil surplus?  S&P's not looking good here (the chart below), it is looking/showing a 'donkey' like image, a sign of 'burnout'?