Will we see 80 by November?
Updated
We had the pullbacks as expected. (a nice little short).
Now it appears we may have another small pullback forming or more likely, just a consolidation.
Then our final push to 80 bucks by Oct 17th./Nov 1st.
Then as we enter the November profit taking season I would think we would see a strong pull back to 60 zone.
Long term (Months)
A solid investment, buy on the dips.
This is purely opinion, and opinions are expensive if you marry them.
The market has an obvious bullish bias, and I don't expect that to change anytime soon.
I use trend channels as guide to help me take advantage of swings and price movements.
As always, never risk more than you can afford to lose.
I am not a professional trader, just an average guy looking for opportunities like the rest of you.
Now it appears we may have another small pullback forming or more likely, just a consolidation.
Then our final push to 80 bucks by Oct 17th./Nov 1st.
Then as we enter the November profit taking season I would think we would see a strong pull back to 60 zone.
Long term (Months)
A solid investment, buy on the dips.
This is purely opinion, and opinions are expensive if you marry them.
The market has an obvious bullish bias, and I don't expect that to change anytime soon.
I use trend channels as guide to help me take advantage of swings and price movements.
As always, never risk more than you can afford to lose.
I am not a professional trader, just an average guy looking for opportunities like the rest of you.
Note
Don't panic, it appears to be a strong pullback.
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