Hope everyone’s week is going well.
OEW Group skipped the update last week due to the holidays and it being a relatively quiet market week.
I’m in the process of closing on our house and moving back to the east coast.
Everything behind the scenes is going well. We are all just busy.
Have a good rest of your week!
SNP:
Short Term: Approaching Top for longs to take profit above 3000. All time high at 2941 possibly broken up next week. If not, will be in the mth of may.
Medium/Long Term: Well supported between 2700 and 2750. Possibly Bull mkt will end between 2022 and 2023.
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Hi,
good news are bad news(GDP)
charts showing in my interpretation that is time to be cautious
https://invst.ly/an7d6
https://invst.ly/an7ex
https://invst.ly/an7f-
thanks,Ciao
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Typical 2019 day,SPX a threat to breakdown,”mysterious buyer”,IWM bounces back.GDX,if it can rally more on Monday,could go up another 7% on the +div.Gold left a bearish embedded stochastic behind.I wont get in GDX until the 10d and 20d EMA gets jumped over.This is not a multi-week rally,no weekly +div that I saw-which would potentially mean a 20% rally,just a daily..Later.
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…and the Saudis said no oil prices were discussed…..elastic truth….x
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That last hour indicator continues to surge and act quite bullish.
Glad I haven’t been short and fighting the trend.
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Cr. CBZ
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