June 8 – Energy
We’ve been discussing Oil and Energy among other things recently, and I wanted to mention what I am noticing in this sector lately. WTIC – Over a month ago, I had a target of $51.60. I felt that Oil may struggle at the $50 area and pull back before moving higher. A drop into a […]
June 6 – Lining Up
Everything that we have been discussing is still lining up. Lets review… . SPX – I have been expecting a bullish rise since the lows in February, and a higher high after the DCL. Quite interesting that even after a very weak jobs report Friday, the chart remains bullishly lined up.
June 4 Part 2 – The Golden Egg
This is part 2 of our weekend report, and it will focus on the Precious Metals Market. In Last weekends report, I pointed out this very important chart. What was I trying to draw attention to? GOLD– Using Cycles, the Intermediate Cycle Low (ICL) , a very meaningful bottom, has been arriving every 4-5 […]
