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SPX Archives - Fibonacci Queen

Mad Money: Gold is flashing signs ‘you want to see in a chart’

November 11, 2020 — “The charts, as interpreted by Carolyn Boroden, suggest that gold prices could have a lot more room to run and that certainly fits with the current backdrop that we see in the news,” the “Mad Money” host said.

Gold investments can serve investors as insurance against inflation and general economic chaos, Cramer said.

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Mad Money: The S&P 500 ‘could get ugly’ in the near future

July 1, 2020 — “If it can’t break through last week’s highs at 3,100,” Cramer said, “Boroden thinks you need to prepare for pain because the near future could get ugly.”

The 13-day exponential moving average is currently above the 5-day, which reflects slowed momentum. This is not a call, however, for investors to give up on their holdings. When the market stages a rally and the 5-day and 13-day averages inverse, it will trigger bullish activity on Wall Street, Cramer said.

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