As Crude Oil productions flatten in 2018, the price will have to revisit $66-$69$ marks soon enough--Rsi is overbought as well. 90$ should be reached before oil productions increase (higher supply than demand) leading to falling prices-->real financial market collapse. Leaving it here only as a timestamp for myself and the folks interested in...
Silver has teased the buy zone enough times to believe there will be a prolonged if not moderate accumulation again this year until next year summer. Based on demand and supply of oil (another limited commodity) and its price action, one could see the reason why it would accumulate during lower prices of oil and then begin to move higher as oil prices rise again...
$APPL on daily rejected tenkan aggressively at $188 but there might be another retest of it as a resistant confirmation. On weekly, tenkan support at 172$ ( fib retrace 0.5)and kijun is sitting at 168$ ( fib retrace 0.6) as for why these targets. Fib Guppy is also tightening (6 levels) and a weekly close below the guppy will signal high volatility towards the...