Oil Megaphone
The Megaphone or Reverse Symmetrical Triangle in crude oil fund USO looks interesting. These are usually thought to be reversal patterns. If that is what this is, it will end…
The Megaphone or Reverse Symmetrical Triangle in crude oil fund USO looks interesting. These are usually thought to be reversal patterns. If that is what this is, it will end…
We have noted that gold vs. oil and gold vs. commodities have been improving, along with other items that are potentially positively impacting gold mining operations, slowly but surely even as the hype about the extinction of the sector became very loud.
Gold-Oil (GLD-USO)…
As CPI will attest, consumer prices are certainly not suffering at the hands of the pervasive global deflationary environment. Housing, Healthcare and other services are not easily going to give back embedded price gains. In NFTRH 356 I tried to express this in an admittedly muddled Indicators segment.