Wednesday, July 14, 2010

Morning Update July 14th

Hey Everyone,

Looks like we might finally have some volatility in these markets, as we have a few reports coming out at 8:30EST and 10:00EST. For you oil traders, there is also oil inventories at 10:30EST. In the stock markets and oil markets, our uptrend is still intact as we are continuing to find value higher. However if you start to notice are of HIGH VOLUME on the HORIZONTAL SCALE being broke to the downside, we might be reversing. Here are the levels I will be watching for gold, oil, and stocks:

Gold:

Oil:

Stock Market:


Thanks and make a GREAT day!



Julian Marchese

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