SPX - On the verge...

Losing these moving averages would not be good for SPX, which has already broken the short term trend line (green dotted) we have been following in NFTRH.  I never did like that 'support' that SPX supposedly found after Japan.  Much firmer support is lower.

A question for my personal investment stance is 'how well can the gold stocks hold up if this pig does roll over?'

We'll know soon.

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