Closing Thoughts

1:01 am PST. Gold closed in what I thought looked like a bearish posture. There might have been a pre-close block trade on GLD at 116.83 for 528,720 that possibly caused the 5-min bar to sell-off. I am not 100% sure because the print came in after the bell, but the price is above where GLD closed.

SPX closed down 3.65 points, but looks like it could have some upside on Monday. Have a great weekend and Happy Mother’s Day!

 

2 thoughts on “Closing Thoughts

  1. have a great trip to hong kong, enjoy the conference..love to hear about it when you return

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  2. Although I am not a day trader, I do enjoy reading your blog for perspective. As a fellow follower of MA, I hope you enjoy the WEC conference in Hong Kong. I am booked for Orlando.

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