Wednesday June 20, 2012
Most commodity plays are now overbought on the daily charts. It would be advisable to place a succession of orders under the market for your favorites.
XME Metals and Mining
The near vertical position of the parabolic indicator, the blue dots, emphasizes the launch these markets are undergoing,
This is happening in spite of rather all the blather about Europe. The public that left the stock market will be dragged back in.
But for now, Whoa Big Fellow as the Lone Ranger used to say. The FED announcement is also due to day.
Let's try to add on pullbacks.....