TRADE ALERTS (3:00 pm EDST)
We are nearing the end of the current reversal zone (it ends Wednesday), and all the markets we trade look to be at or near turning points. Because it is late in the day, I am going to forgo any detailed analysis right now and just give the trade alerts. I will explain the trades later this evening after the market closes.
GOLD AND SILVER TRADE ALERT: Buy both metals with a stop loss for both based on gold closing below $1280.
BROAD STOCK MARKET TRADE ALERT: Sell short with a stop loss based on all three indices (DOW, S&P 500, NASDAQ) making new weekly highs.
CRUDE OIL TRADE ALERT: Sell short with a stop loss based on crude closing above $65.50.
We are nearing the end of the current reversal zone (it ends Wednesday), and all the markets we trade look to be at or near turning points. Because it is late in the day, I am going to forgo any detailed analysis right now and just give the trade alerts. I will explain the trades later this evening after the market closes.
GOLD AND SILVER TRADE ALERT: Buy both metals with a stop loss for both based on gold closing below $1280.
BROAD STOCK MARKET TRADE ALERT: Sell short with a stop loss based on all three indices (DOW, S&P 500, NASDAQ) making new weekly highs.
CRUDE OIL TRADE ALERT: Sell short with a stop loss based on crude closing above $65.50.
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