April 21, 2010 Tutorial: Good Material on a Dull Day

On a fairly dull day, we still managed to turn up some subtleties in charts for Gold and the E-Mini S&Ps that were instructive and illuminating. Day-trading opportunities in these two vehicles had already passed, but a close inspection of the charts revealed that the risk in either instance would have been minimal. We also pored over the 30-Year Bond chart, concluding that any exceptional opportunities we might find therein were probably illusory. Indeed, T-bonds have been saying nothing for four months, and there were no signs that that is about to change.