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GLD Breakout?

By Ilene
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Courtesy of Allan Harris of AllanTrends

Today is “Weekly Trend Model Day,” as I will be updating all of the Weekly reversals in the next few hours and will be sending out an alert should be in “Reversal-Pending,” mode.

[click on chart to enlarge]

Screen Shot 2012 09 14 at 6.57.39 AM 300x174 GLD Breakout?
GLD Weekly Trend Model

 

Note that any close above $172.98 will reverse GLD Weekly to LONG.

Allan’s Trend Following Model is based on his trend-following trading system for buying and selling stocks and ETFs. Most trades last for weeks to months. Learn more about Allan Trends here. 

Click this link for a risk-free trial to Allan’s standard service.

For the premium service (for active traders) click here.

Market Shadows (http://s.tt/1nnfl)

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