RECENT REPORTS
Gold Market Update
This Gold Market update is going to be short and to the point for 2 reasons. One is that I am too busy writing up stocks for subscribers to devote much time to the world at large - they are being written up as fast as possible, for reasons that will become obvious as you read on. The other reason is that for the 1st time in many months, the situation is nice and clear, and doesn't require a time wasting diatribe...Posted at 1.15 pm EST on 29th January 12 Silver Market Update
An important reversal has now completed in silver and it is in the early stages of what promises to be a powerful uptrend that should take it comfortably to new highs...Posted at 2.30 pm EST on 29th January 12. Oil Market Update
The prediction for another downleg in oil made in the last Oil Market update posted in mid-September came true, as it then proceeded to drop back quite steeply to support at its August lows, as we can see on the 10-month chart for Light Crude shown below. After that, however, a strong uptrend developed which broke oil out of its larger downtrend in force from early May. This uptrend eventually stalled out about a week ago at the zone of resistance that we had previously delineated in the $102 - $104 zone, with a "bearish engulfing pattern" suddenly appearing on the charts, suggesting that an important intermediate reversal was occurring and immediately after oil broke down from the steep uptrend shown on the chart...
Posted at 11.40 am EST on 25th November 11 |
© 2004-2010 Clive Maund. Legal & Disclaimer
for billing & subscription questions: subscriptions@clivemaund.com
for all other inquiries: support@clivemaund.com
The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities.
Mr Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications.
Although a qualified and experienced stockmarket analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr Maund’s opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.