Hi Ray
Looks like the market is finally starting to shape up here in some very interesting technical patterns. Expect these to break to the upside by mid October at the very latest.
stockcharts.com[w,a]dhcayiay[dc][pb50!b200!f][vc60][iub14!la12,26,9!lp14,3,3][J44106317,Y]&pref=G
stockcharts.com[w,a]dhcayiay[dc][pb50!b200!b20!f][vc60][iub14!la12,26,9!lp14,3,3][J51251157,Y]&pref=G
stockcharts.com[w,a]dhcayiay[dc][pb50!b200!f][vc60][ila12,26,9][J51568342,Y]&pref=G
stockcharts.com[w,a]dhcayiay[dc][pb50!b200!b20!f][vc60][iub14!la12,26,9!lp14,3,3][J45782664,Y]&pref=G
stockcharts.com[w,a]dhcayiay[dc][pb50!b200!b20!f][vc60][iub14!la12,26,9!lp14,3,3][J49496317,Y]&pref=G
Meanwhile oil is setting up in a nice h/s topping pattern.
stockcharts.com[w,a]dhcayiay[dc][pb50!b200!f][vc60][iub14!la12,26,9][J47419024,Y]&pref=G
Fits together nicely. Expect some nice opportunities in the weeks ahead. |