Tuesday, August 3, 2010

Employment Data on Friday = Kick off ?

Tonight I want to share with you a 6 week FibTime outlook. What we can see is that the 'Employment Day' (- (0-2) days) seems to be the event of the week not only from a fundamental but also from a technical analytical/ cyclical point of view.

These Energy-Zones can be bullish and/or bearish. As of now the evidence hints at a top that could fall all the way into the end of September....but I could also be the other way around, i.e. an acceleration that tops in September... (<=> think another stimulus program, Fed policy changes etc.)

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