PS. May 9 16:30 pm: today's $spx, $indu, $rut all are exactly as expected and reported in the weekend comprehensive report, it's "picture perfect" on weekend T3 analysis. i expect going forward should also potentially be as expected.
oil: all precisely at the exact Top, and even the short term bottom!
2011 humblestudent oil reports history ($wtic, USO):
Monday, May 9, 2011 11:30 am ET member update:
as updated in last week's two special commodities report, USO (oil) found support exactly at the green lower pitch fork.
my view is very bearish on Oil, and seeing it's just a dead cat bounce from the apparent support. i see oil could resume its downtrend after some consolidation above the green pitch fork support.
BUT both Goldman Sachs and JP Morgan are having different views than mine, they both are bullish on oil prices going forward.
Thursday, May 5, 2011: May 5, 2011 humblestudent evening commodities special critical follow up report
oil $wtic @ $98.5; USO was near but not yet reached the pitch fork support.
<< AGQ, GLD, USO are funds for their associated Silver, Gold, Oil. They all are at critical supports with Fibonacci fan or Pitch fork as shown on the following analysis charts. Right around here could be a short term bottom for all them. >>
Wednesday, May 4, 2011: mid day membership commodities special report
oil $wtic @ $111's, confirmed the oil Top.
<< I believe following commodities already topped at their technical resistances as on their corresponding charts: SLV, AGQ, GLD, COPPER, USO; for their associated Silver, Gold, Copper, Oil. >>
Monday Apr 11, 2011
(Reuters) - Goldman Sachs rocked oil markets for a second day Tuesday by calling for a nearly $20 fall in Brent crude oil, saying speculators had pushed prices ahead of fundamentals.
Friday, Apr 8, 2011
oil GDII code blue: $wtic @ $113.55; (later May review: that was the oil top).
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