2 replies to this topic

[pisces]

Go to caldaro.wordpress.com.and between his daily updates on EW ,he has a post about commodities dated  8-23.IMO he is one of the more respected analysts.and his opinion deserves to be considered.  those who insist on

gold above 2000.00 take note.weather he is right or not only  TWT.

[gannman]

I have to check that out what are your thoughts on oil

[crossd]

..he has a really long time frame..not so good for trading..

 

crude bias up 2016 to 2020..possible 85  then down again to 26 low..

 

right now its gonna be hard to get over 55 with all the supply yet to be worked off..also

did you notice the hedge funds are more long now than ever in the past few years..

 

who is left to buy?

 

don