The Trader’s Bell Curve
Let’s examine a classic bell curve… Then think about the top 1% “tail” at each extreme in terms of trading and investing profits…
OIL Forecast 4/26/16
OIL is the ETF that follows the price of West Texas Intermediate Crude. After a cycle failure a few weeks ago, this market is offering another long opportunity. We are forecasting a push higher in prices that should take us up to the $6.40-$6.60 area…
QCOM Forecast 4/26/16
Qualcomm (NASDAQ:QCOM) has formed a sustained pennant pattern on its daily chart. Our forecast shows that the bullish pressure has risen to a level that should produce a breakout to the upside.
SPY Forecast 4/26/16
The S&P 500 index proxy (SPY) continues to trade within the bearish ivory zone. The grinding bullish power continues to push price higher and is starting to attract breakout players. This new constituency is likely to fuel the bullish move for one more leg, and we will remain on the sidelines until we see the…