Monday, September 10, 2012

Market sentiment 10 sept

Uncle Ben and Draghi did push up the market last thursday, market rebound and now sitting on multiyear high, at least for S&P. But bear in mind the volume not yet recovered and DOW Transport index has not yet create higher high. However mining stock has recovered and start new trend, which can be seen on CLF, GG, SLV and GLD. I am watching SLW which historically  always benefit from QE related activities and GG seems formed bottom W pattern. do watch closely.


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