S&P 500 Crosses the LINE OF DEATH

By John Galt
August 3, 2011 10:23 ET

Uh-Oh….just blew through 1249, now at 1246. Is this the day of massive capitulation or?

First chart is static snapshot from Bloomberg.com:

 

S&P 500 DELAYED 30 MINS YAHOO FINANCE

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Gold/Silver/Dollar Charts

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RT @KeithMcCullough GOLD: immediate-term risk range @Hedgeye now $1310-1360 (still bullish TREND) pic.twitter.com/kmQw…

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