Which Way Does The Market Want To Go?

Today we finally got the long awaited pull back in the US Dollar.  This is nothing other than the beginning of a corrective retreat rather than the top in old Dixie.

The stock market was relatively quiet, looking for direction all day, but not really able to find one.

Gold finally stages a rally off of the over night session where is was down at $1183 per ounce.  That’s lower than many people ever thought gold would go.  News flash, it’s ultimately going lower, but must correct the over sold condition first.

Oil also staged a bounce mainly as a result of the dollar pulling back.  Lower prices remain for crude oil also.

The remainder of the commentary can be found in the video below.

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Trading and investing in markets is second nature to some, but a mystery to others. The goal is to provide a forum where everyday people aspiring to be part time or full time traders will learn how view markets differently and profit beyond their wildest dreams.

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