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Thursday 28 July 2011

MARKET OUTLOOK


Market tops are designed to fool you. That's why it pays to look for the overlooked. Consider these three potential opportunities, which the media and the herd have failed to notice:
1. Silver stands at the end of an Elliott Wave pattern which precedes a multi-month move. The current juncture in this pattern should tell us very soon where the trend is headed.

2. A major blue-chip stock index is trending toward the end of a "head & shoulders" pattern. We expect the break of a nearby price level to both confirm the pattern and accelerate the trend.

3. The Dollar has recently seen several false starts. But here too, our analysis calls for the trend to announce itself very clearly, very soon.

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