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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (89558)	2/7/2017 5:03:06 AM
From: flrtrader	Respond to of 218514

Thanks John, I don't trust gold either here but am longer term bullish... Dollar I do believe is switching down to up so a few days back and forth should be expected but looking hard at 102... over that the bulls back on... Though I think that will be the beginning of the b in abc... Took a short in IWM on the bounce at 10am but got out this afternoon on about 75% gain... The weakness I expected did not show under the surface. IMO we are in the middle now I see 2270ES or 2315... Personally I think its down first hint I'll take that position. OIL under 53 here targets MUCH lower IMO say 49? Just very afraid to take that trade incase Iran pulls more crap... Enjoy your thoughts more than I can say...

To: John Pitera who wrote (89558)	2/7/2017 6:17:45 AM
From: GROUND ZERO™	Respond to of 218514

I expect rates and inflation to rise in 2017 and level off in 2018... this means gold should continue higher this year even if the dollar still firms since higher rates will typically keep the dollar from collapsing... just my hunches... GZ