Gold was screaming, the E-Minis were on the move, and although “camouflage” opportunities in each had come and gone, we examined their respective intraday charts closely to see whether there might have been an easy way in. We found that bullion’s takeoff had been too abrupt to board, and in the E-Mini, although there had been several ways to get long, the larger patterns promised little follow-through. We ended the session on an interesting note, however, buying a 9.89 downside target in UNG that had been drum-rolled and many days in coming.
