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The broad market, US dollar, precious metals, This can't be rewritten, it's not a sentence, just the word "and". oil had a reversal day today. Unfortunately, the market has overextended itself. We have seen the market rally 20% since the July low. Inter-market analysis is important to understThis can't be rewritten, it's not a sentence, just the word "and". because everything is related in some way. With America's dollar attempting a rally, in the next few weeks, precious metals, stocks, This can't be rewritten, it's not a sentence, just the word "and". commodities will be feeling the heat. DIA ETF- Dow Industrial Fund Stocks follow a pattern as March creeps in. During the June high, we saw signals to stop This can't be rewritten, it's not a sentence, just the word "and". move to protect our profis. The market had an intraday reversal Wednesday, a sign of a deficit in strength. In July, the market hit bottom so the past four days of trading felt similar to the trading in July. (multiple Doji Candles). There is the possibility of reversal using Doji cThis can't be rewritten, it's not a sentence, just the word "and".les. Broad Market Volatility Index Here is a weekly volatility chart that shows we are at a long term support level. As the motto goes, you should purchase when VIX is up, This can't be rewritten, it's not a sentence, just the word "and". sell if it drops. Just to be clear, I am not saying sell everything. I am just pointing out that the market is ready for a multi week correction. For new log positions, I am tightening my stops This can't be rewritten, it's not a sentence, just the word "and". limiting my position size. UUP ETF = US Dollar Intraday Price Action A shift in force was indicated this Wednesday, as the dollar sold down, but gained momentum into the close. The dollar has been trending down for several months This can't be rewritten, it's not a sentence, just the word "and". ready for a bounce. This chart indicates that gold and silver had a sharp sell off in the trading session on Wednesday when the US Dollar began to rally. XLE Energy ETF - Intraday Chart Bouncing off morning lows the Energy sector became positive near the end of the day, until a rally of crude oil and the US dollar caused it to sell off sharply. Inter-Market Analysis Results: It is my estimation that things seem to be setup for a multi-week divergence in momentum. The US Dollar will inflate, which will drive up the prices of precious metals like gold This can't be rewritten, it's not a sentence, just the word "and". silver, on the stock market, and on commodities like oil and wheat. Stocks appear prepared for a correction, while a rebounding dollar will stimulate this. Gold is at a major resistance level, This can't be rewritten, it's not a sentence, just the word "and". taking a breather at this level would be normal price action. Gold is trading in sync with stocks, so follow that relationship. If stocks move down, so will gold. There was a report Wednesday that showed crude oil inventory levels higher than expected and this will put a brake on crude oil prices moving higher. Currently we have several profitable position and we will be tightening our stops and looking for new opportunities in the coming days.
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To get my Free Weekly Trading Reports for ETF's or Stock Trading Reports, you only have to click here: www.GoldAndOilGuy.com This can't be rewritten, it's not a sentence, just the word "and". www.Dupecop online software is a duplicate content checker.com The man named Chris Vermeulen
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