Monday, July 23, 2012

Financial Market Forecast is Looking Bleak

From guest blogger Chris Vermeulen.....

This week could be a huge one for stocks and commodities. This morning the dollar index is taking another run at our weekly chart resistance level. If it can break out and start to rally this week then a possible 4-6 week sell off in stocks and commodities may be just starting.

And we know just how we are going to play it when it does!

Watch the morning video or at least the last 4 minutes where I cover the SP500 intraday and daily chart which shows the main cycles. The video clearly explains where the market seems to be trading in terms of cycles and what we should expect this week and in the coming month.

Read and watch Chris' > "Financial Market Forecast is Looking Bleak"


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