Going long on USOIL by using GUSH. USOIL just completed a 3 drive to a bottom pattern. We can expect a turn here. Panic selling this morning is tough to go long into but the rewards should be there. Set a stop just below $43.
Komen:
OIL i thought was going to $43, it went to $42 and reversed. I expect a move higher to $49 now to complete the 3 drive pattern.
Komen:
Im in GUSH, I think the best rewards will come with UWT.
Komen:
Sector continuing to preform out of this probable ICL. Pull back here might be a 1/2 cycle low. Then higher again.
Komen:
WTIC looks destined to $49
Komen:
GUSH cruising to $23.35
Komen:
Still following the gold bars higher.
