Gold, Oil & Indices (Equity & Bond Indices)

did I mention uranium stocks a while back for long term opp, Yes I did.

I haven't traded CL for a while but it looks southbound to me, at least short term.

Daily trend resistance drawn from Sept 2012 high has held 4 tests, the last 2 failed breaks this week. Looking at 1hr chart can you see a neat 5 series down in progress from the 97.35 high on monday ? I think wave 4 is now completed with W.5 down in progress.

W.5 would = W.1 at 92.45 but that would pose a truncation. The next level is more likely 127.2% at 91.90 or even 161.8% at 91.20

u know u confused me a lot, sometime u call 100, then quickly back to 94.

i dont know, i am working on "retreat".

yes it has the makings of a long term top across the board. The NYSE yesterday was accompanied by a -2000 breadth reading which, for recent months, is almost unheard of. Also decent spike in the vix, very neg bid ask delta etc etc.

The high in the Nikkei made absolute sense reacting at the 78.6% fib of the march 2007 high coinciding with trend line resistance drawn from June 1996.

good to hear u say that! :D

"learn, learn, learn"-------lenin