Saturday, January 30, 2016
Look back to Sept,2 arrows green line. This us now.
Look back to Sept again, green ADX kiss blue falls. Watch next 2 days see if cross (rally) or fails
MFI should come back to lower line circle if not then real rally.
Time frame next 2-3 days.When I post text changes :(
Posted by Jerry at 7:08 PM
Friday, January 29, 2016
Is oil going up?
I don’t know but many say yes it is due from oversold targets. My heating oil man called today, said I have some left at this low price $1.47 low for this area. Do you want a fill I said yes since I watch prices.
Here is a site to check local prices if you live in New England.
As far as my call for Spx 1737 that is expected in April. Since the all time high the Fibs have been spot on +1- day. ( next Spx 1634 no date)
You will notice not only the F233 from ATH but F89 from Dec 14th low.
First we could rally to 1920-1954 if oil can hold. Just a news driven mkt.
Posted by Jerry at 3:13 AM