It’s In The Charts
Well, the past several weeks have been excellent for trading Metals, Miners, and Energy, and whether you follow me in the Public area or the premium side, I hope you've had a chance to make some solid gains. I've already discussed in past public posts about chart set ups in Miners and Commodities like X, AKS, FCX, CLF, etc, so Lets take a look at the recent crazy but very lucrative trading set ups in Energy.
OIL & ENERGY - Why?
.WTIC - As I pointed out in a public report weeks ago, I was looking for a possible bottom in Oil around $26.09 from this Nov Wkly chart.
WTIC WKLY - I believe Oil bottomed in a shake out type manner. Is it just a bounce? This chart looks quite Bullish.
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The Beat Goes On
Yes, The beat goes on and the drums are on fire. In my last few reports, I have mentioned how we were focused on Miners and commodities lately. Did you see the Commodity stocks and especially the Steel stocks today? Many were up 15- 20+% today alone. Take a look at charts of X, […]
Public Report – Update For The Golden Pennant
Many people are looking at this almost perfect Bullish Pennant forming in Gold. Many are also looking at the C.O.T. report that came out Friday and seeing bearish implications. Yes, Bull Flags can fail, but for now it remains a bullish trading pattern, so lets discuss Gold here using a few of todays charts from […]
