Watch CMG & GLD

Have a look at Chipotle Mexican Grill (CMG), chart below.  I flashed some light on this guy recently (scroll down on the blog), saying the practically vertical movement of the stock price is worth watching.  What I am looking for is a short-term top that will signal with some very clearly bearish candlestick formation.  So far nothing has signaled hence I have not entered a trade.  But do keep it on the radar, vertical moves like these are subject to quick and sharp corrections. 

I'm also looking at Gold again and thinking that if it would drop back to around the $1325 level a very picturesque potential head and shoulder pattern would have formed.  Such formations are bearish.

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