201603.08
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OIL Forecast 3/8/16

  The proxy that follows the price of West Texas Intermediate Crude (NYSE:OIL) has shifted its power from bearish to bullish at long last. While we might be sad to see this as it will lead to higher prices at the pump, it offers us a chance to make some money from the rally to…

201603.08
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4

JOY Forecast 3/8/16

  Joy Global (NYSE:JOY) is a company that builds and supports the heavy equipment industry in the mining sector. As you can imagine with the way on coal and with gold and silver prices quite low…business has been tough for this company. As gold moves into a bull market, and silver is close to follow…This…

201603.08
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5

SPY Forecast 3/8/16

  The S&P 500 index proxy (SPY) has rallied to trade within the bearish ivory zone we defined last week. The bullish power has grown on the daily level and for this reason we have re-positioned the ivory zone as we wait for the chance to take short exposure in this index.

201603.08
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4

SLV Forecast 3/8/16

  The Silver Tracking Instrument (NYSE:SLV) has been attracting a lot of attention since gold’s recent price move to the upside. After a nice run away from our green accumulation zone…We expect to see price begin to chop sideways as the bulls muster the power they need to press price higher.