Stocks Hold to Buy - The forecast for the major market indexes is still higher for the time being. The Nasdaq has the strongest momentum currently and would be the best place to trade long right now.
Bonds Hold to Buy Near-Term Sell Long-Term - The forecast for the 30 Year and 10 Year T-Bonds is still for a higher upside correction bounce, but prices are getting closer now to another low-risk-high-reward short sell position prices which could easily happen this week possibly.
US Dollar Sell Near-Term - The forecast for the US Dollar now is down short term. The USD index forecast to the downside is 99.43 to 100.00. Major resistance and stop-loss price if you are going to short the USD index is 103.00.
Gold Silver Buy Near-Term - Bullish forecast remains the same. Gold and silver have continued to rebound as previously forecasted. Near-term resistance on gold is 1200 to 1205 with major support at 1122.98. The possibility exists now for a much higher price longer term but no long-term forecast is clearly seen yet.
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