Oil has had a strong rally for many months. Recently we saw Brent dip to $65 before rallying back up beyond $80.But it seems Oil might be running out of steam from a technical point of view. Whilst the fundamentals remain pretty strong for Oil, I think the market is quite sensitive to any changes in Oil output, whether that be new oil from Ira...
Read MoreAround 2 months ago I speculated the market is running out of steam, and the Dow Jones 30 could drop by around 20%. Whilst it is difficult to know the exact timing, and why the market would drop, UNTIL we are in the actual drop, I am still pretty sure we have a large correction coming up. Watch this short video for my take on the U.S 30 a...
Read MoreGold has recently pulled back up after its sudden fall to 1680 few weeks ago. Bonds yields looking strong to rise, Fed tapering getting closer in the pipeline, I expect gold will get hammered back down to 1700 at least. In a previous analysis you will see I noted gold expected down to around $1560.Gold is very volatile and risky to trade,...
Read MoreDo you want to Learn to Trade like a Pro? Every Week we will share some Trading Tips to help you Succeed.
Just enter your Name and Email, and click Subscribe!
FinancialMarkets