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If you want to look good while you're performing tricks on the slopes, you definitely need to stick that landing. Let's see if we had that in Thursdays trading...
GOLD - We were looking for a higher high to give us a peak that could make this a right translated daily cycle. Gold stuck the landing with this break out, and the volume was encouraging.
If Gold continues to stick the landing, it should make it to this target area.
Read MoreThe Fed Minutes were released on Wednesday at 2 P.M.. Was there any change?
SPX - No change here. We could use a pause if we are going to reach a target of 2400+.
Read MoreWe've only seen one day of trading after a 3 day weekend in the U.S., so this report will just be a brief review of the markets and a few of the trade ideas discussed recently.
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SPX - Nothing has changed here, we are seeing a strong move into new highs with no real resistance, I have targeted 2400 since the break out. It is getting quite over bougt and over heated.
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