The Uphill Climb
When a climber begins his or her ascent, they are full of energy and the start of the climb is always easier than when they near the peak. As the climb continues, you may see him or her periodically rest, shake out the tightness, even drop back and pursue a different path to the top. I often see that same thing happen in the climb of various stock market sectors, and Precious Metals and the Oil sector is experiencing that now. (Long term they remain bullish in my opinion),
WTIC - This was June 14 and we were on day 50 of a Cycle, so it was already late in crude oil's daily cycle and I was expecting a low soon.
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