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Things are lining up as expected now, but one sector may be a little too hot to the touch for non day traders, while others may be looking forward to a fast trade or two. Let's take a look at these markets...
Read MoreLet's discuss a little bit of what has happened since the weekend report.
NATGAS from the weekend report. This has been a low risk entrywhen it moved above the 10sma, but there is resistance at the 200sma. Notice how NATGAS started out slow and then rallied strongly out of Novembers lows.
There is one thing that I am considering in the NATGAS area however...
Read MoreThis week we saw the Markets continue to fly higher and even Gold and Silver were making new highs. What happened to the Miners? Behind all that beauty, cracks appeared, and that is going to be the focus of the weekend report. I have a LOT to discuss, so lets get right into it.
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SPX - We are very due for a dip into a dcl, but this is strong. Look for a break of the 10sma, please read the chart, I do not think that a dip will mark the top.
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