Tweet By Poly This is an excerpt from this week’s  premium update  from the The Financial Tap, which is dedicated to helping people learn to grow into successful investors by providing cycle research on multiple markets delivered twice weekly. Now offering monthly & quarterly subscriptions with 30 day refund. Promo code ZEN saves 10%.  The bullish case prevailed, in […]

Tweet Oil/SPX chart remains weak during a week which saw crude bounce off the $88 level. It can’t reclaim the 34 ema and is overbought on the RSI (2) indicator. It’s already starting to roll over and I expect this commodity to fall further next week. The weekly below is a little more obscure as […]

Tweet Last week I posted an article that I thought the “mini flash crash” in Oil was overblown, but given the continued weakness in this chart I am now short term bearish. All the charts in that post have also turned bearish, we’ve sliced through the bearish ascending wedge and we are now below key […]

22
Aug

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