The Traderszone Network

Published in TZ Latest News 23 June, 2015 by The TZ Newswire Staff

Market Consolidates – GOLD Earns Short-Term Trend Model SELL – Technology ETF Picks Up Short-Term Trend Model BUY

Nothing too exciting for the market today except that it maintained above support and didn’t get close to overhead resistance. I’ll discuss the Gold Short-Term Trend Model SELL signal on my section on Gold. The Technology ETF (XLK) came up on my technical alert for Short-Term Trend Model (STTM) BUY signal. You can see on the chart of XLK below that like the SPY, there is a double-bottom…