Open-High-Low-Close for 01/29/2018: 2867.23 2870.62 2851.48 2853.53 Executive comment: This is a “blow-off” rally and blow-offs come at the end of a rally, not the…
Nymex Crude Futures (MARCH) Executive Summary: Nymex Crude Futures appear to have run up against “strong” resistance at a 50% retracement of a larger swing…
Open-High-Low-Close for 01/29/2018: 2867.23 2870.62 2851.48 2853.53 Executive comment: This is a “blow-off” rally but picking the top is very difficult. A close below 2783-2766…
SPDR Energy Sector Fund ETF (XLE) The XLE is not particularly “overvalued.” I get the argument from funnymentalists. I like the energy sector, especially relative…
Euro/Dollar Spot (EURUSD) Executive Summary: The Euro is likely to struggle at the 1.24300-1.25364 area. It is going to be difficult for the Euro to…