Singapore Stock Market News

Alpha Edge - Solid gold

StockFanatic
Publish date: Mon, 24 Sep 2012, 09:19 AM
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The S&P500's uptrend over the past few weeks remains intact, with 1,450pts being the immediate support. However, the weekly and daily charts for the MAxJ are throwing off mixed signals. The immediate support for this index is 500pts. Gold prices have been on an uptrend since Aug. A break above US$1,790 would be bullish as it would eliminate a potential triangle consolidation formation.
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