Apr14

There is a clear pattern on crude over the last 29 years. The falls are becoming less step creating a descending triangle pattern. Expect oil to bounce back up from the lows close to $30, since oil is not becoming obsolete anytime soon. Upward price movement may be limited to around $60 until we see some dramatic market ch...

Apr13

Markets have rebounded well (temporarily), now testing the old support which is a strong resistance now. Get ready for a reversal.Given the outlook, and that we havent seen the ripple effects of the COVID-19 on the economies and corporate earnings yet, the market should run out of steam and head back down. Possibly coinciding the timing with co...

Apr13

In 2008-2011 we saw gold double.  That would be the equivalent of seeing gold go from around $1400 to $2800!