Below is the quiz of yesterday (see post here).  Yesterday I mentioned an opportunity was at hand and since the action has been sizable, I wanted to get the answer out a day early.

Thanks again for all of the great responses from around the world.  Because of a “small trick” I did to the chart, most struggled with it.  See quiz from yesterday directly below.

 

 CLICK ON CHART TO ENLARGE

The chart above was of GLD, inverted/turned upside down.  See left chart below for the actual way it looked and what action I suggested to people yesterday that sent me an email.

CLICK ON CHART TO ENLARGE

“Trading the range” (buy on support/harvest at resistance) has worked really well in GLD for over a year. With GLD pushing up against channel resistance the suggestion was to “harvest gains in GLD!”

Last week the chart below was sent to premium members, reflecting that Silver had reached a level of out performance rarely seen in the past 30 years!

 

CLICK ON CHART TO ENLARGE

Premium Members picked up ZSL last week due to the above chart, creating a market neutral spread trade….since Silver had reached a relative strength level not seen many times in the past 30 years!

 

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past