February Free Charts - GE & Gold

Our readers have voted and we are now providing free charts of GE and Gold (GLD) in our guest area.  Both investments are still in up trends, however GE is near major resistance around $21.  The resistance goes all the way back to before the crash.  If GE can break through this level it could go significantly higher in the short term.

Gold has been in a strong up trend for over 10 years.  The trend has accelerated in the last number of years.  The pullback in Gold has brought it down near some recent trend lines, however as of today the trends are still holding.  We would likely short GLD near $125, however that would depend on price action, indicators, and news events.  With the current unrest in the Middle East, it is hard to imagine Gold pulling back significantly right now, although anything is possible.

Do you want to see different charts next month?  It's all up to you!  Just vote in our poll and share with your friends so they can vote too.