Entries by Bob Loukas

Gold Sector Shining in a New Cycle

January 23, 2014 in /by

I just cannot emphasize how much I like the silver chart, to me it looks ready to pop in what could be a 20% rally in as little as 4 weeks.  We know silver is capable of such moves and I see the current coiling action being extremely similar to the move which occurred over the summer of 2012 (see chart below).  We have a good pickup in speculative buying (COT) while the underlying technical strength of this Cycle looks great.  The Cycle count is very favorable and we have what looks to be a massive double bottom triangle breakout coming!
1-18 Silver Weekly

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Crude Oil Headed “Higher”

December 23, 2013 in /by

The last time Crude oil was headed back down towards a major Cycle Low, back in October, I published the post “Crude Oil Headed Lower”.   With that post I presented the below chart, outlining the most likely path Crude would take based on historical Cycles.

10-19 Crude Weekly

We were right on the price target and off by just 4 days with regards to expectations for a major low.  That was a Cycles prediction which included a $15 decline over 8 weeks.  For members that took that trade, it was obviously significant.

But along with that Cycle Low, we were able to enter into long positions as Crude pivoted out of the Investor Cycle Low.  Such lows only occur twice per year and they’re always significant events.  They’re often amazing buying opportunities for the longer inclined investors, especially when the predominant trend is to the upside.  Fast forward a couple of months and below is the same chart (with same red prediction trend-lines as above) with today’s pricing.

12-21 Crude Weekly