7 thoughts on “CHART OF THE DAY – OIL

  1. jhmoffett

    Thorny question — After no swing low in stocks today, the question is whether to get out of stocks NOW before the ____ hits the fan next week (Brexit), or hold through it and suffer short term drawdown.

    1. Gary Post author

      Either way we will get a bottom after Brexit if it didn’t already occur. So any drawdown won’t last long.

  2. vanbc

    Thanks, GARY.
    How do you think about GOLD and MINER’s price action on today? it is not going down follow yesterday’s decline, and give strong rally on GOLD, but MINER look like be forced up by gold.

    1. Gary Post author

      Gold has formed an intermediate cycle low. Don’t look for a final intermediate top for at least 12-13 more weeks.

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