•Stocks are attempting to stabilize as many funds and indices form Hammer candlesticks
•Market breadth is bullish, and currently very ”oversold”
•Utilities, Real Estate, Preferred Stocks, Junk Bonds and Bonds of all sorts move to fresh lows
•Staples and Energy sectors are also toying with bearish levels
•Trade update: TWTR, CPRX, FSLR, IBM
•Investors are digesting the fact that the interest rates are going higher (TYX)
•Dollar could bounce a little more, which would pressure gold
•GDX could be an excellent buying opportunity, or a beginning of a bear market in gold
•Oil pulls back from multi-year highs. Good support @ $57.50
•Conservative traders: short natural gas futures around $2.95. Aggressive - short around $2.71
•Crypto review
•Sign-up at www.MasterChartsTrading.com to get the Elite Trading indicators!
- Follow me on Twitter, StockTwits, YouTube, TradingView, Stockcharts, and FaceBook!
Watch this video on Youtube!
•Market breadth is bullish, and currently very ”oversold”
•Utilities, Real Estate, Preferred Stocks, Junk Bonds and Bonds of all sorts move to fresh lows
•Staples and Energy sectors are also toying with bearish levels
•Trade update: TWTR, CPRX, FSLR, IBM
•Investors are digesting the fact that the interest rates are going higher (TYX)
•Dollar could bounce a little more, which would pressure gold
•GDX could be an excellent buying opportunity, or a beginning of a bear market in gold
•Oil pulls back from multi-year highs. Good support @ $57.50
•Conservative traders: short natural gas futures around $2.95. Aggressive - short around $2.71
•Crypto review
•Sign-up at www.MasterChartsTrading.com to get the Elite Trading indicators!
- Follow me on Twitter, StockTwits, YouTube, TradingView, Stockcharts, and FaceBook!
Watch this video on Youtube!
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