14 April 2012 (Gold, Silver, Brent, USAGX Versus Nasdaq
USAGX has continued its retreat. Will it find support at previous highs? Gold and silver still are tracking brent crude fairly well and are about 2 and 4 years, respectively, ahead of the Nasdaq in terms of performance.
Still oversold in the medium term.
The rollover in this index appears to just be beginning.
The slight lag in this caused this still to rise Friday. It is no longer oversold.
Short term summation has made a lower low than March 6th.