Kevin John Bradford Wilbur is the President and Founder of ProtectVEST and AdvanceVEST By EchoVectorVEST. He is also the Chief Architect of the Motion Dynamics and Precision Pivots Forecast Model and Alert Paradigm, and the Senior Developer of the ProtectVEST and AdvanceVEST Active Advanced Risk... More
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GLD And /GC, Forecast Right On Target... 3 comments
GLD has revisited support right on target on the weight of Weekly echovector price action extrapolated two days forward.
See:
http://echovectorvest.blogspot.com/2012/06/gld-chart-wev-2-day-price-pressure.html
http://echovectorvest.blogspot.com/2012/06/gld-etf-chart.html
Some trader's/investors will be inclined to 'back up the truck' at these levels in this time-frame.
Higher precision risk/reward ratio timing may look to the 2QEV for guidance in its search for a 2QEV forecast-weighted Wed/Thurs weekly bottoming action, and a potential long position swing trade weekly optimization against risk there.
The Wed/Thurs timing action of 2QEV is fully and strongly supported by the AEV as well.
See the similarities in the 2QEV and the AEV charts at
http://echovectorvest.blogspot.com/2012/06/gld-chart-wev-2-day-price-pressure.html
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BY ECHOVECTORVEST
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This post has 3 comments:
For this week's 'beginnning' charts and analysis, see monthly and bi-monthly echovectors at
http://seekingalpha.co...
and,
http://bit.ly/N7aMhU
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