We thought that we will have a pre-holiday rally on Friday . Instead the rally is coming today. The insiders cannot allow the market to go down till they have sold all the shares they accumulated at the recent lows. Going down does not take much time but going up always takes time specially when it is the 4th step up. This rally will be over today or it may take another 3 days to complete it. Many people shorted on Friday and they will be covering their shorts soon.
Gold continues to consolidate. Energy related stocks will go up with the rally in the 4th step that is going on.Once this rally is over, we will see new lows in energy stocks as well as in Natural Gas stocks.
Gold continues to consolidate. Energy related stocks will go up with the rally in the 4th step that is going on.Once this rally is over, we will see new lows in energy stocks as well as in Natural Gas stocks.
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