Did anybody notice?

Did anybody notice that Gold retraced almost the standard 38.2%? Remember when Adam said he didn't know WHY it does it...it just does it!

Ironically, M Club came out with a new down daily triangle on the QQQQ...a day after issuing an up triangle... On top of that, CNBC had a technician on TV today that basically said the Dow support level dating back to 1974 (7385) is extremely crucial, and it would not be good if we close below this level. He went on to say we would need closes of 7600 + to avoid a break of support here.