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Wait for wedge to break before buying or feel free to accumulate at this time. Paper price to ~$25 on SLV
Getting to major resistance, then recession if break to upside
Lumber sales to slow in 2016
Wave 3 down about to start. Going to be UGLY by EOY.
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Bullish falling wedge. Start building position in this area. Target $25.
Megaphone pattern in works. Minimum $12-12.2
Next pattern to form.
Short term Bearish
Expecting a nice bounce off here in the next few days. Let see what news gets released or which oil nation gets attacked by ISIS.
We could have a run up in mid 2015 to 1400 area and bounce off the trend line. I think we go lower long term and find a bottom in the 900's around 2019.
Should be the right chance to go all in.
Baba to be pulled to test old high
Trend line is the next stop.
47-49 should be the bottom before retracing to 80 level.
Bottom is somewhere in there