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.
April Gold projects 1804 and
March silver may get to max. 2060.
Oil continues to look promising for a bounce to 8220-8320 and oil products had cycle lows this week.
Natural gas has put in a bottom and has a short-term target of 2.85-88 and that makes UNG a good long-term investment on the ETF front. We do see a number of rubber band bounces for commodities coming here.
Grains also issued a major sell signal and do not have a cycle low until April.
The stock market is also on the edge here at publication.
Stay on top of specific entries and exits for the next explosive moves on these markets into early March. Get a trial for the Fortucast ETF timer or the Fortucast Financial timer for 97/month on our introductory trial.
Email email@example.com for one Free Financial sample timer.
For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.
Click here to view on our website
Click here to see our blog and other great products.
Comments are closed.