~ ITZ STOCK CHARTZ ~
Stock Observations Using Technical, Fundamental & Sentiment Analysis
Friday, August 3, 2012
Gold:Oil Ratio
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Strong move on crude oil today, $92 on WTI presenting some near term resistance.
ITZ has used the Proshares Ultra Crude Oil etf (UCO) to long oil. Below is a Gold (GLD): Oil (USO) ratio chart against the UCO.
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