The Dollar has been in a freefall of late, and it's too early to be looking for a bottom. Agree with you, looking for $80 oil.
Agree! A little lower to maybe $68.50 or so is possible. But friday's low was close enough for the week ahead. Events come and go, and one never...
True! It should have a little more to the upside and then depending on where it actually tops, there will be a better indication of where the...
Crude: Did make an expected pullback this week, but should be turning up shortly to new highs.
GOLD: As expected gold rallied and made new highs, but is now close to an intermediate term top. Start to get defensive, when it turns down there...
Dollar/Euro: The Dollar (due to the G-7) gapped down at the start of the week and plunged to support at 86.02. It is oversold, but I do not see...
The uptrend is still intact in all four of the major indices: NAZ/NDX/SPX/DOW, with the cyclical DOW showing the most strength. However, on an...
Hi! The drop has been quite sharp, as the bull market in rates is just getting noticed. Your stop sounds like a good one to me. best to...
I agree, posted earlier to Mcurto that I feel we are approaching an intermediate term end of this move. Looking for maybe another 1/2 point on the...
disclosure: I do not like egg foo young, but I like the FXI big time.
And especially this one:
I will be the first to admit I do not understand all the fundamentals involved. But I do understand charts:
I checked the China fund and they invest in ADR's and are managed. Thus far, they have underperformed
Close to a top now, a correction is next. But will go higher after a good drop....
Here's good example of both in action
the action of legitimate buyers/sellers ... creates the technicals
changing what count? my counts are the same
Well I don't know who is making more money ??? But TA works especially when used with EW
NOT!
But neither is: Anybiz.com nor the 4% bond
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