Wednesday, March 14, 2012

Charting Gold and 10-yr T-Note after carnage

Ben Bernanke, aka Helicopter Ben, landed his chopper on Tuesday. While I will not get into a long discussion why I think his operation "money drop" is far from being totally suspended, I would rather use gold and 10-yr t-note as a guide. Both are coming to major supports. Market will tell us if Ben is done or just resting before another takeoff.

click on charts to enlarge

No comments:

Post a Comment