201606.13
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MU Forecast 6/13/16

  Micron Technologies (NASDAQ:MU) is building bullish power and is poised to reverse and rally in a sustained manner. We are watching this stock and are forecasting that there will be one wave of bearishness that will offer a pullback type entry in the near future.

201606.13
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WDC Forecast 6/13/16

  Western Digital Corp. (NASDAQ:WDC) has reversed and is working its way back down to our zone of focus (Ivory Box). Once price has fully cycled through its recent bearishness, we will see if the power is there for a viable long opportunity in the near future.

201606.13
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ORCL Forecast 6/13/16

  Oracle Corp. (NYSE:ORCL) failed to produce a high odds entry scenario. In fact, it entered our previously identified reversal zone (Ivory box) and reversed right on cue…BUT, without any power to drive price up for a profitable resolution. This experience is the norm for the vast majority of opportunities we discover. For every trade…

201606.13
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SPY Forecast 6/13/16

  The S&P 500 index proxy (SPY) continues to chop sideways in spite of record, sustained outflows. This indicates that the central banks continue to remain active and this leaves us in a tug of war situation until the political pressures resolve. In the meantime, the bulls remain in control of this market as everybody…

201606.13
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GLD/SLV Forecast 6/13/16

  The Silver and Gold Proxies (NYSE:SLV & GLD) are processing a recent corrective pullback. GLD left us behind without a clan re-entry, but SLV continues to shine. If the power build that we are experiencing currently stays on track, then we would expect to see Gold and Silver break out to the upside…

201606.06
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WDC Forecast 6/6/16

  Western Digital Corp. (NASDAQ:WDC) has been pummeled in recent months, and is showing the behaviors of a fundamentally driven bottom. We will be monitoring how this stock reacts to its next correction, and will expect to take a long entry sometime in the next week or two.

201606.06
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ORCL Forecast 6/6/16

  Oracle Corp. (NYSE:ORCL) is working its way through a complex correction on its daily chart. We are watching for an entry to form in this stock, and will update you as soon as that can occur.

201606.06
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SPY Forecast 6/6/16

  The S&P 500 index proxy (SPY) continues to chop sideways in spite of record, sustained outflows. This indicates that the central banks continue to remain active and this leaves us in a tug of war situation until the political pressures resolve. In the meantime, the bulls remain in control of this market.

201606.06
Off
11

GLD/SLV Forecast 6/6/16

  The Silver and Gold Proxies (NYSE:SLV & GLD) are processing a recent corrective pullback. We are stalking a re-entry in GLD and have been holding the wiggle in SLV. We will continue to update our forecast and re-entry plans later this week as the price action unfolds…