“ETFs Trading Map” for August 30, 2010: “…Commodities ETFs: We’ve noted in previous update that: “last week’s upside breakout above the trend-line moving average had opening up for a test of the top of its short-term trading range near 123.” As anticipated, GLD traded as high as 122.95 last week. Although the near-term trend remains bullish, the yellow metal is now…” Subscribers, please login to read more.

“ETFs Trading Map” for August 23, 2010: “…Commodities ETFs: We’ve noted in previous update that: “In the wake of the 6-week downside correction, GLD had carved out a minor bottom on the daily chart. Price is now bouncing higher in a short-term corrective rally mode. The short-term trend also turned bullish, which will allow for additional upside probing.” As anticipated, GLD added on to recent strong gain. Last week’s upside breakout above the trend-line moving average had opening up for…” Subscribers, please login to read more.

“ETFs Trading Map” for August 16, 2010: “…Technical levels: We’ve noted in the August 2nd update that: “despite recent rebound, the overall trend remains bearish, suggesting that further upside probing is likely to be limited.” As anticipated, the S&P sold off sharply last week, down 3.8%, after a rally into resistance near 1130 was met with a new wave of selling interest. This is…” Subscribers, please login to read more.

“ETFs Trading Map” for August 2, 2010: “…Commodities ETFs: We’ve noted in the previous update that: “GLD sold off again last week and is now hovering near the bottom of its short-term trading range, which represents major technical support. The short-term trend however, remains bearish, indicating further short-term weakness likely.” As anticipated, GLD broke down again early last week before short sellers rushed in a covered their positions ahead of the weekend. Despite the late-week recovery attempt, the…” Subscribers, please login to read more.

“ETFs Trading Map” for July 26, 2010: “…Commodities ETFs: We’ve noted in the previous update that: “GLD reversed sharply after a test of resistance at 119, or the white line in the chart, was met with a new wave of selling interest. The short-term trend is also turned bearish. This increases the probability for a test of the support at the bottom of its short-term trading range near 115.22.” As anticipated, GLD sold off again last week and is now hovering near the bottom of its short-term trading range, which represents major technical support. The short-term trend however…” Subscribers, please login to read more.