PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

  • Subscribe

  • PUG Wave Labeling

    SCI-SCV, SCA-SCC: Super Cycle
    C1-C5, CA-CC :Cycle
    P1-P5, PA-PC : Primary
    [1]-[5], [A]-[C] : Major
    1-5, A-C : Minor
    (1)-(5), (a)-(c) : Minute
    i-v, a-b : Minuette
    Primary Count:
    White/Green (Bull Market)
    White/Red (Bear Market)
    Alternate Count: Blue

  • Categories

  • Archives

April 11th, 2013: GLD Wave Count Update

Posted by pugsma on April 11, 2013

GLD is again a key decision point near long-term support at 149-150.  A break below 149.44 will lead to the alternate (blue) count head for [Y]=[W] target for P4 in the 136 area.  As long as 149.44 holds, the next move for the primary count will be an aggressive wave up to 162 for minor 3 of major [1]-P5.

GLD 60-min chart (EOD):

PUG GLD 60-min EOD 4-11-13

GLD 4-hr chart (EOD):

PUG GLD 4-hr EOD 4-11-13

GLD daily chart (EOD):

PUG GLD daily EOD 4-11-13

Sorry, the comment form is closed at this time.

 
%d bloggers like this: