Where has Money Been Moving Into?
Over the last few weeks money has been moving into the following ETFs in a big way.
I'll let the charts speak for themselves but basically it's Asia that's being bought such as China, Korea and Thailand. (click charts to enlarge)
Posts
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_4.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
3 comments:
Looks like EWT is forming a small base around 17 like it did around 16.
Kevin, did retailers index XRT made head and shoulders?
I see what you are looking at. I guess you can say that's a head and shoulders formation but not the best looking formation I have seen.
Whatever you want to call it, it looks weak given the fact that it couldn't break high with the rest of the market.
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