Hi jims,
Looking at weeklies on NDX, DJX, HUI, etc, I see the last couple of days as the beginning of a 2-week move up, into the 8/11 Bradley turn, which fails to impress. The major indexes should put in another "lower high". The following dive into late September should make good money for holders of USPIX, BWDIK.
Zoran over on Safehaven has been pretty much dead-on with his e-wave charting the past 3 months. I recommend his post each Sunday (or Monday), at this site:
safehaven.com
Also, Lance Lewis has been pretty good on the oil call lately. He's also been DEAD-ON with gold from a weekly-scale perspective for the past three years, and I mean dead-on. Lewis has a free weekly column now, which sums up almost everything of value in his daily paid-subscriber column (which I receive). Lewis' weekly page is here:
lewiscapital.net
FWIW,
crusty |
