Gold has two trend lines I am watching for. A break out of this consolidation to the upside or downside will more than likely retest these trend lines.
Crude has passed the weekly ichimoku cloud and retested it last week. It also bounced off a trend line support If we break the recent high around 49.50-50 a barrel, I believe we see 55-60 dollars a barrel in the near term.
Verizon has been on an ABCD wave count for the past few months. It has lined up with 61.8% as well as a C count for a move higher within the next few weeks.
