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  • Squawk / 19 April 2017 at 19:39 GMT
    Maybe something here today at $53 on OILUKCont. Main theme is bullish I think, might be wrong of course but r/r getting there. Once it can propel through $57 the aim is for the $67 area but the March low need to hold.
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  • Squawk / 16 April 2017 at 11:00 GMT
    The EEM:arcx have possibly hit a larger peak. It could be the first leg of a new bull market from the lows in 2016 but might as well set the stage for a more violent decline. Unfortunately cycles at this juncture implies both are possible...multi month pullback should be no surprise. Bulls now need to clear the $40 area for further bullishness.
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  • Squawk / 04 April 2017 at 20:28 GMT
    Another interesting looking chart. I would like to see $81 on this one in due time.
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  • Squawk / 03 April 2017 at 20:03 GMT
    I still think the cycle that began back in March is ongoing. Next target area is 1280 ish. Quite an obvious short term setup.
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    11h
    Johan Berntorp Johan Berntorp
    There is a huge analogy in this to the 2009 low in equities...if the equity bull has been the most hated in history, this thing might actually...
    11h
    Johan Berntorp Johan Berntorp
    And thus far the rise is actually in the larger scheme of things quite intense.
    10h
    Morris Morris
    Missed you for sometime! You may change your mind but I reiterate long term bull on gold still is a grt strategy. The pullback is healthy the...
  • Squawk / 26 March 2017 at 19:05 GMT
    If one his looking for excuses to trade bullish on OILUKCont we might have something going here. An upward tilted correction in the making could turn out to be quite bullish. Key that most recent lows are intact though...if that low is broken the rik is for more downside in the near future.
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    29 March
    Morris Morris
    Language challenged. Could only make a very little out!
    29 March
    Johan Berntorp Johan Berntorp
    Ok, the text is complicated as it is in Swedish...I guess a normal google translate thing can't do it right.
  • Squawk / 19 March 2017 at 20:19 GMT
    XAUUSD aka Gold is bullish and might have made an important low but objectively it could have been wave a of an abc pullback, can't tell...but as with gold stocks a second low might come in higher as the trend is bullish.
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    20 March
    Jim Earls Jim Earls
    Gold and Silver need a little downside help from the equity markets to really get out of this funk. Same can be said for other risk...
    20 March
    Johan Berntorp Johan Berntorp
    Yes, maybe they'll keep funking until then :).