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Sunday, September 09, 2007

Some Interesting Charts

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I mentioned previously that Gold touched new 52week highs on Friday. As further evidence of something happening in the gold sector, check out the ratio of HUI to Gold. Also, Gold in terms of every major currency is in an uptrend.








All of the major currencies (Yen, British Pound, Euro, Loonie) are in healthy uptrends. The Yen looks like one of the stronger ones.


The Loonie looks interesting because of the range bound action looks sort of like a box play patttern, with the 10d and 50d EMA trending up.



The biotech sector also seems to be picking up some bids:


And last but not least, here is one intended more for entertainment purposes, but is interesting nonetheless.

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