By Markus Heitkoetter
U.S. equity markets traded lower today, making new lows for 2014. The S&P was down 23 points while the DOW had triple digit losses, down 179 points.
Nike (NKE) a Power Crossover Method sell candidate on 9 Jan 14 was one of the biggest movers in the DOW, down -2.26%.
Gold continued its rally today, up another +$5.40 finishing the session at $1252.30.
GLD (SPDR Gold Trust ETF) is up $5.08 since identifying a buying opportunity when $1200 held as support. Traders who bought the 112 Feb Call might consider some trade management with the option currently up $325, or 54% since the post.