The S&P 500, (NYSE:SPY) continues to stay “pegged” near its highs. Friday, the volatility expanded radically, and it looks like the market will test lower…Down to the $216 50sma support levels.
The gold ETF (NYSE: GLD) is reaching down into the $120’s as forecast, and we are stalking this market for a long entry near the $124-$125 per share area.
Exxon Mobile (NYSE:XOM) has begun to slowly stair-step its way down towards the $85 per share area as forecast.
Bo Yoder
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