rebound

A Correction is Expected for Platinum

Posted on September 30th, 2009 in aus, aussie dollar, bullish trend, cent, correction, gold prices, Market News, micro cap, palladium, perth, platinum, precious metals, price action, rebound, Silver, technical resistance

Precious metals have been strongly demanded during the last few months: gold prices jumped above $1,000, silver and palladium prices reached recently a new 12-month high.
What about platinum? Have a look at the chart: the medium-term bullish trend in place since last November may above soon. A correction is expected.
Indeed, 11 months of up-trend have [...]

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Where Goes the Dow Jones?

Posted on June 29th, 2009 in cent, correction, dow jones, Finance, Market News, micro cap, pennyhopefuls, perth, rebound, small, SMI

What about the most famous stock index in the world? Where goes the Dow Jones? Is the rebound over?
Let’s see. The rebound drove the price from 6,460 to 8,880 points in 3 months. This is a 37.5% gain. From the recent high at 8,880 points posted on June 11, the index has corrected to [...]

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