Mike Paulenoff regards all of the strength from the March 5 low as a recovery rally and not the initial upmove of a new upleg in the streetTracks Gold Shares (GLD).
Mike Paulenoff's near-term work in the US Oil Trust (USO) indicate that the March 1 peak at 51.68 ended the entire upleg off of the January 18 low at 42.56.
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