Oil finally gave us a healthy Elliott Wave corrective retracement. It could go as far as $36.30 before more momentum comes in. The Kovach OBV is still pretty bullish, while the Chande is registering a nice dip. Current levels ($37.25) might provide a nice entry, but keep a tight stop loss. Note that both of the levels mentioned are strong Fibonacci levels.
Corrective Wave in Oil. Watch the Fibonacci Levels for support.
Gold has been ripping prolifically. We anticipated a corrective phase back to 1837, but all we got was 1850....
Gold broke down forming wave 4 of a 5-3 Elliott Wave. We should have enough gas in the tank...
Gold has cratered along with the other safe havens. It has careened through the 1900 handle back down to...
Bonds are maintaining the range. They are just about right in the middle of the range held for the...
Bonds Bonds have traced out the exact range I spelled out for you Friday. Watch for some resistance 138’31,...
We were correct in calling that stocks would fall yesterday, they just didn’t fall to the level we predicted....
The S&P has broken relative highs. We have to go back to March for levels from above which it...
The Eurodollar has retreated slightly from highs it achieved earlier this week. Currently, it is knocking about 99.815, the...
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