Institutional Technical Analysis

www.dropbox.com/s/zodywyne7jboyr9/Wklytech-2-2-16.pdf?dl=0

CheersM

Hi AdeMcG

Sorry I didn't respond previously - I was away on holiday in sunny Barbados and by the time I got home...

I use a Smith and Williamson Fund Gold and Resources B (gold and precious metals) which I have found performs well. I'm expecting a short term top in gold in the next week or 3 followed by a pullback while equities bounce to a lower high through March so March may be the time to buy more gold/gold funds??

I'll be looking forward to the next UBS report (thanks Monkeyz) to see what they make of the dramatic jump in gold and the equally dramatic drop in the S&P500. The 2 seem to be correlated at the moment along with the Euro/USD.

Good luck!

Was fortunate enough to exit a silver trade around the high of last week. I was aiming for slightly higher but the r:r was too good to pass up after the move up!

Keeping a close eye on gold and silver this year, especially to see what happens if we get down to a 61.8% retracement of the recent move up.

cheers
M

Enjoy!

dl.dropboxusercontent.com/u/24866576/UBS-17-2-16.pdf

Hi guys

Have the latest file from UBS on another PC but upshot is that they were expecting a minor trading top this week being the completion of Wave A followed by a volatile pullback to 1880/1860 on the S&P as Wave B before Wave C starts targeting 2000. Break of $1262 on gold will open up 1300 at best 1380!

Will post the file tomorrow.

Cheers
M

Thanks Monkeyz - looking forward to reading it as always.

Much appreciated. (it's OK, I'm female)