5 ETF Indicators Pointing Towards Trouble Ahead

Investors need to heed the warning signs shown in these charts

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5 ETF Indicators Pointing Towards Trouble Ahead

SPDR Gold Trust (GLD). Most in the media have been bashing the yellow metal for years. Scores of forecasters had been projecting that the spot price would drop to $1000 per ounce or less by the end of 2014. Instead, GLD is up more than 10% year-to-date near $1350 per ounce, while analysts have scrambled to upwardly revise their 2014 estimates. More importantly, the price of GLD crossed above its 200-day moving average on the upside for the first time in more than 12 months.

GLD 9 Months 5 ETF Indicators Pointing Towards Trouble Ahead


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/etf-indicators-gld-spy-tsla-gild-nflx/.

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