CHART OF THE DAY

10 thoughts on “CHART OF THE DAY”

ted April 17, 2015 at 2:45 pm

Here’s my prediction: See that gap back towards the end of January around $114. On this move down, it will stop short of filling it, and then reverse. Let’s see. It will take a few weeks to play out.
red April 17, 2015 at 3:39 pm

Watch is not selling too well
Dave April 17, 2015 at 4:59 pm

….and the USD will fall (loose value) in this scenario?
1. gary Post authorApril 17, 2015 at 6:05 pm
  
  I think so.
  1. Bob UK April 18, 2015 at 8:49 am
    
    Surely if the Dollar falls then we will see a rise in commodities – gold, silver, oil?
Bob UK April 17, 2015 at 6:29 pm

Just got back from a cycle ride but, about 5 hours ago before I went out, Chinese futures were down 6%.
Roy McIntyre April 17, 2015 at 6:51 pm

I am thinking this will be a pretty solid move down to the CL. Which should mean a pretty solid bounce out into the next cycle. I am ready for that action when the market is ready for me. We still have some time yet, but it will be good when it comes…
1. mark crawford April 18, 2015 at 2:29 am
  
  I think we see 1980 in the S&P by 1st week of May.
  1. Bob UK April 19, 2015 at 8:32 am
    
    That’s a bold prediction Mark. Would personally welcome it.
MattStats April 20, 2015 at 4:02 pm

That could have been a fake breakdown on Friday.

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