Very unlikely for both... strength in dollar and oil weakness to $90... Fed wants a lower dollar...present strength is flight to safety related to the Euro banking issues... ... and oil= Middle East has big problems =especially with the escalating Israel’s military,= has stepped up attacks in response to Hamas missile strikes hitting deeper into Israel. Hamas isn't the only one who is going to pay for those missile strikes. This gets messy fast...missiles go deep into Israel maybe Israel widens their border...wouldn't be the first time they took land to defend themselves... Sick world right now...which is why oil has remained above $100 for so long...and then there's GOLD... Daily chart getting oversold...Friday I suggested watch the CCI 50 get oversold and watch $98 ... Price is still playing with the Psychological level $99-100-101 and now the CCI 100 is looking at oversold levels... A 10% correction from recent highs would be in the $96.50-$97 range...
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