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Gifting The Heads Up In GLD ETF: Volatility This Week Setting Up For The Upside Bias In July

First issued Tuesday June 19 morning, AM EST...

Kevin Wilbur

June 19 2012 at 11:31am

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Gifting the heads up...

Alert in GLD ETF has been generated on an AEV and 2QEV basis.

Look at the forward weeks starting (1) a year ago, and (2) starting 2 quarters ago... from this coming Monday. (EchoBackPeriods)

Fed may exacerbate. Current price levels and action setting up upside bias. Can play safely with straddle if unable to measure echovector directional launch next several days.

Should see some good volatility and interesting price action going forward into these echoweeks.

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Now, as of Today, Thursday June 21, Afternoon PM EST...

GLD ETF 18 Month Daily OHLC

GLD ETF 18 Month Weekly OHLC