201506.09
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Gold Forecast 6/9/2015

Our outlook for gold is very uncertain as this market is quite dull and lacking energy. We have a slight short term bullish bias, which could take this market up to the $1,160 area, but we measure the odds at only 60/40 at this time. We will continue to follow this market if the intensity…

201506.09
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SPY Forecast 6/9/2015

The S&P 500 index proxy (SPY) is showing a broad topping pattern, and we are forecasting that this will produce a lower high and at least a retest of the range lows near $204 per share. Once that level is tested, we will have new measurements with which to forecast whether a breakdown or the…

201506.09
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Pfizer Forecast 6/9/2015

Pfizer (PFE) has been quite bullish for some time, and is showing signs of building a major top. We forecast a reversal of trend in this stock, and would have as a profit objective for short positions the bullish liquidity pool we see near $32.00 per share.

201506.09
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Apple Forecast 6/9/2015

Apple Inc (AAPL) has stalled out after a huge rally. The stock has held steady, but now we see a correction beginning to form. We would expect to see some mild bullish action, leading to a lower high and an acceleration to the downside.