Significant Turning Points in Key Financial Markets
Stock-Markets / Financial Markets 2009 Jul 20, 2009 - 04:55 AM GMTLarry Edelson writes: Martin’s strategic alliance with the Foundation for the Study of Cycles may turn out to be one of the best moves he’s ever made.
Already, I’m using their market timing tools and they have worked unusually well for me.
Right now, for instance, our cyclical charts are predicting significant turning points in several key markets dead ahead.
Take stocks for instance: The Foundation’s forecasts have nailed the recent action in the markets, including last week’s bounce. And looking ahead, the cycles turn decidedly bearish on toward the end of the month.
Now, look at oil: See how closely the actual price action in crude oil has tracked the Foundation’s cyclical forecasts?
One of the most interesting opportunities appears to be due around mid-August, when we see a prolonged upward phase.
Copper, meanwhile, is showing a low due to form around this time frame, and then a resumption of its rally. More profit potential there.
And this is only the beginning! Next week, we’ll dedicate a special series of afternoon emails to strong cyclical chart patterns in several individual stocks and ETFs, showing you how you can use them to sharpen your timing skills.
Watch your inbox tomorrow afternoon for our first installment!
Best wishes,
Larry
This investment news is brought to you by Money and Markets . Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com .
Money and Markets Archive |
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.