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NYA - The markets look set up to break out higher, but we need to see some signs of strength.
You recall that I've been watching this...
Read More I need to keep this report SIMPLE. Best wishes to me on that one...
ALL EYES ON GOLD & THE USD THIS MORNING-
The 200sma is at $1262 and that has acted as resistance in the past few days (so far)
Read MoreUh Oh! - What does "Don't Shoot The Messenger" have to do with our weekend report? Read on and you'll see that what I am seeing lately is not what many were hoping for in the Miners. We will discuss the implications in the Precious Metals section of this report. This is a rather huge weekend report, enjoy!
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SPX - I was pointing out a rising bearish wedge a while ago and I said that it would have to break out to negate it as it approached the apex, or it would have bearish consequences. Well it did break higher and even back tested on the recent sell off...
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