Posted by frtaylor on 12th of May 2012 at 08:47 am
Reviewing the video now. Actually, the price action on the
monthly chart and weekly chart both suggest the big swing is going
to be to the up side. Under this scenario, we might get a bit
more weakness and then trend higher again. This would be in
agreement with the article (posted here by someone) about June up
moves during Democratic Presidents' re-election years. Bottom
line, as usual no way to know which way for sure.
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Reviewing the video now. Actually,
Comparison to last summer
Posted by frtaylor on 12th of May 2012 at 08:47 am
Reviewing the video now. Actually, the price action on the monthly chart and weekly chart both suggest the big swing is going to be to the up side. Under this scenario, we might get a bit more weakness and then trend higher again. This would be in agreement with the article (posted here by someone) about June up moves during Democratic Presidents' re-election years. Bottom line, as usual no way to know which way for sure.