The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out). which I published for members and 12631 subscribers this past Sunday.
Throughout the commodity arena, the two most actionable longs I see headed into this week would be if we see strength in natural gas and crude oil.
BOIL UGAZ and UCO are the levered long ETF’s for natural gas and crude oil to have on watch.
On the weekly charts for both natty and crude, note the constructive price action throughout the recent consolidations. All that needs to happen now is for bulls to show the initiative to follow-through with the actual breakouts.
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buy the dips on crude. 120 soon. gas going to $4.5 gallon soon. dow 17000 soon