ASTRO-FINANCE FOR JULY 2023
By Barry Rosen
The US survived the debt ceiling crisis and kicked the can down the road past
the 2024 elections. What’s another 2 trillion dollars in debt? The military-industrial
complex is enjoying its spoils as …
Getting Ready for Last Stock Market Lift-off
The first set of cycle highs for the stock market is due early next week and we are starting to think the S & P cash will not get to 4200 and the
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
Where is Gold headed?
Gold has to take out 2008 to issue a sell signal and then the max. a pullback would be to 1940 or 1923. It is very overbought. Cycles would give it a chance to hold
Crude oil held up well and the May contract is not likely to take out 7700 and still has weak cycles next week and possibly a few days into the following week. The …
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
“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 …
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
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?
