UPDATE July 27
A real quick update. GDP and jobs come out an hour before open. We have run up pretty far overnight, and it's earnings season. The best plays are individual stocks. The indicies have ran high. We could be done pulling back, or we could not. They are al at support resistance zones. It's best to let them decide where they want to go then enter. The individual stocks are in their own sequences. Personally, I like commodities. Oil, Steel, Gold, Silver, Platinum, and stocks associated with them.
CLF is above the 200MA (yellow) is now below the upper bollinger but above the mid upward pointing bollinger. I believe we try to re-enter the blue dashed trendline at around ~18.4.
as the dollar drops
I expect silver to rise
A silver miner
A NatGas servicer (they own/manage pipelines and equipment, i.e., they service the NatGas companies). Some may not be able to invest in ET (it's a tax nightmare). I included another servicer, KMI. NatGas and companies are breaking out. The only question is, is the retrace of the breakout complete?
Oil servicers ETF, IF woubwant the individual stocks, search the ETF holdings. Holy $Schlumberger (SLB.US)$ heavyweight much???
Could use a pullback, I will buy.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
These are long holds for me. Multi year. 😶🤨🙂🙃🙂🤑
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warrior-sailormoon : Hi Iamiam. GSUN is very igly now Im holding.
warrior-sailormoon warrior-sailormoon : “Ugly”
iamiam OP warrior-sailormoon : it is ugly, but it has a long divergence I'm hoping plays out. I would like to see a pop soon.
warrior-sailormoon : Iamiam ,Thanks for taking ur time reply Me
102235596 : Hi @iamiam do you still believe that we are in the midst of the wave theory? Is the hypothesis still that we will have a big drop in the markets - and fall from the current bullish environment?
iamiam OP 102235596 : yes, that is my theory still. I do not believe we are in the final drop yet. we could be, but I need to see it. I still believe we reach 393 and push near all-time highs. I still like commodities
71769271 : foreal