We can't think of a better portrayal of investor's tendency to be fickle than the gold futures market. However, sometimes when "everyone" has given up on a market, is exactly when it becomes most interesting. Is it time to turn bullish?
Crude oil, on the other hand, will likely see continued liquidation of longs before any type of bottom can be formed. There are just too many bulls! Our analysis was recently quoted in a CNBC article; click here to read: http://www.cnbc.com/id/101229705
Jim Cramer's "Off the Charts" segment used Carley Garner's gold and crude oil chart analysis in the November 27th show!
One of our recent issues of the DeCarley Perspective focused on this topic was featured on CNBC's Mad Money on November 27th. The DeCarley Perspective is a publication distributed exclusively to DeCarley's brokerage clients. If you are interested in being part of the loop, open a trading account today!
Click here to check out the archive of the November 27th Mad Money segment featuring DeCarley analysis! (Scroll to 30:10 for our segment)
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