Is it time to sell Gold?

Market Recap For Tuesday, May 27th 2014

Bring out the record books…Today’s rally in stocks gave the S&P a new all-time high close. The index ended the day near session highs at 1911.91.

The DOW might be trading back in positive territory for the year, but there’s still some room to move before joining the S&P at new all-time highs. Today the DOW ended 70 points higher and is 40 points away from its all-time high close on 5/13/14.


Markets To Watch


Markets To Watch

Gold (GC) has traded in a pretty narrow range for the past month. But today’s -2.0% drop sent the metal crashing through key support levels.

With today’s move lower a  Power Crossover Method Sell Signal was generated.

We’ll watch GC over the next 3 trading sessions to see if the signal is triggered.


This Week’s Economic Calendar


This Week’s Economic Calendar

Real Time Economic Calendar provided by Investing.com.


Power Crossover Signals


Power Crossover Signals

The signals above are derived based on the rules of our Power Crossover Method.

Rockwell Trading Club - DVD 27: Power Crossover Strategy

Click here if you would like to learn more about the Power Crossover Method.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above. The past performance of any trading system or methodology is not necessarily indicative of future results. Have a great trading week!

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