Weekly charts of Copper, Oil and the Dow
My leading indicators (copper and crude oil) say "do not trust this recent hype"!
The Dow is facing a key resistance, and needs to "retrace" ...
Current market strategy favors "sideway trading", not "trend trading" !
1 comment:
agree with all except shanghai index keeps rising. that suggest we may still see more highs in sp500. my tgt is 1560-1600, before major correction. still playin safe though and buyin vxx, faz, etc on major pullbacks.
Post a Comment