Courtesy of Allan Harris of AllanTrends
Today is “Weekly Trend Model Day,” as I will be updating all of the Weekly reversals in the next few hours and will be sending out an alert should be in “Reversal-Pending,” mode.
[click on chart to enlarge]
Note that any close above $172.98 will reverse GLD Weekly to LONG.
Allan’s Trend Following Model is based on his trend-following trading system for buying and selling stocks and ETFs. Most trades last for weeks to months. Learn more about Allan Trends here.