Markets rally has been slowing down. Last night the FED gave a speech which signalled more turbulence to come, which of course is naturally expected, as the effects of COVID-19 lockdowns have not materialised yet. SPX starts it reversal AT the ema(200) which also coincides with a Resistance Line we have. Expect SPX to continue falling to the...
Read MoreThe time has come to go LONG on Gold. It’s been moving sideways similar to oil for some time now, forming a penant chart pattern – ready to break upwards now. Expect gold to rally to around $1850 initially. This should coincide with market turmoil as investors shift out of other assets and move into gold AGAIN.
Read MoreWTI and Brent Crude have been moving sideways for almost 7 days now. Literally no action in the oil market. The trading range has become incredibly narrow now, and my judgement tells me we are about to have a break-out, within this week before Friday 15th May!But.. I am quite perplexed as to which way the breakout will be. Both the WTI and Brent Oi...
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