Window Of Opportunity

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Lets talk about the current window of opportunity

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WTIC - Wednesday I said that this break out looked legit.

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WTIC -  And Thursday we saw follow through, but...

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This is what I really want you to see ...

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Attention Please

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After all of the sideways chop, I think we finally have something interesting to talk about. 

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SPX -  If Oil could get moving higher, I think we'll see the markets moving higher too.  After all of this sideways chop ( in many sectors), this is a bullish set up with todays strong reversal.

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Does Anybody Wants More Chops?

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I've seen choppy markets before, but it seems like Oil and Gold are up one day, down the next , up one day, down the next.  It can be very difficult to navigate the choppiness, but Cash is also a position until we get a nice trending market.  Other trade set ups are an option too. Lets take a look at the charts.

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SPX - Short term I see a choppy triangle forming, and the larger picture might be forming a rising wedge. We can look for follow through with a break down or a break out.

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