Crude Oil In Trouble
Crude oil in Trouble
Crude violated a key support zone this morning at 7600 and the break should mean a move to 6905. Recessionary fears are up. We cannot get too bearish as we move into the driving season and
When is the next gold entry?
When is the next gold entry?
Gold is far from done and still has cycle highs into early May and larger cycles are supportive into 2024. The market is currently in a pullback situation and will be set up for
Finally a Break for Crude Oil Inflation
Finally a Break for Crude Oil Inflation
“Are you looking for a break in crude oil inflation? Our expert analyst and trader, Barry Rosen, says it’s time to pay attention to the crude oil market. According to Barry, crude has …
Bitcoin Finally Comes Alive. What’s Next?
Bitcoin Finally Comes Alive. What’s Next?
Cycles for Bitcoin are strong into the 3rd week of April. The background noise is finally there to push people back into Bitcoin. The banking crisis is not solved because the FDIC wasted its
…Powell Throws a Wrench into the Markets
Powell Throws a Wrench into the Markets
It turns out that retracements that the highs we were seeing for many markets into Friday are now retracement highs as the action for Tuesday’s low were too impulsive to …
Ready to Launch?
Ready to Launch?
- The stock market has put in some positive divergences and the MACD is turning up.
- Needing NQ 100 futures to take out 12210 and then we can start a recovery rally next week.
- S & P cash
LONGER-TERM CYCLES FOR THE US AND WORLD
LONGER-TERM CYCLES FOR THE US AND WORLD
GENERAL ECONOMIC INSIGHTS:
We have plenty of tensions rising as we move into April. Geopolitical cycles are intense
into the week of March 12-16 th with increasing war tensions as the US …
Markets on the Edge–Cycle lows just about here.
Markets on the Edge–Cycle lows are just about here.
We found a commodity cycle on Wednesday which tends to create cycle lows and it is due to complete over the weekend.
Tuesday’s fake-out on metals is leading to new lows.…
Markets in Transition
We have had nice retracements in stocks and metals and they have reached very oversold conditions. There is a very expansive cycle into next week that should create a sharp rubber-band reaction and recovery in tech, metals, and energy.
It …