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S&P 500
5,567.19
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1.06%
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US TECH 100
19,828.00
(
0.95%
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Dow Jones
39,375.87
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0.17%
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Brent Oil
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0.00%
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vlispxpert

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vlispxpert

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Re: $tockfather post# 6323

Thursday, 01/15/2015 3:35:06 PM

Thursday, January 15, 2015 3:35:06 PM

Post# of 28324
I'd be very nervous on the metals call, I believe we're in a breakout based on 3 year weekly:

http://stockcharts.com/h-sc/ui?s=$GOLD&p=W&b=5&g=0&id=p87151938658

need to fill in today's price at 1258ish (creates nice candle), then check out the last 3 MACD crosses (we're crossing now), RSI crossing 50 (major bullish signal jmho)

triple reasons I think gold/silver in breakout, in other words, a fat move coming...jmho

I agree 100% with oil call, but metals I totally disagree, I see 1350's minimum coming on gold and wouldn't be surprised at 1500 run...jmho

Good luck!
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