GLD

GLD is setting something up here.  As the SPY yesterday set up the potential for a First Cross Sell signal, the GLD is setting up a similar pattern (of course we're noticing the Head & Shoulders pattern forming, which you often get with a first cross entry).  Price stalled today at the 50% retracement level following the most recent selling momentum.  At this point we would be looking for a tick lower in the momentum histogram along with the slow line crossing negative: