FNArena has added another video to its Investors Education section on the website. ATW's Jerry Simmons is expecting break-out moves for gold and equities this week. Meanwhile, in the background, copper prices seem to be rolling over and this will be a concern further down the track. Natural gas remains in an incredible bear market, but one that will, at some point, give birth to a very profitable bull market, predicts Simmons.
Simmons notes weekly price charts for gold have now generated three dojis in a row. This is a very rare occurrance, he explains. Simmons believes the odds have turned towards a hefty break-out for gold, potentially starting this week.
To view the ATW Strategic Prep Video click HERE or visit the FNArena Investors Education section of the website.
Here's the direct link: http://www.fnarena.com/index2.cfm?type=dsp_front_videos&vid=71
All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).
Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the "Masters" Programme within the education system at New York based Advanced Trading Workshop (ATW).
FNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.
The above mentioned videos can be accessed via the FNArena Investor Education section at http://www.fnarena.com/index4.cfm?type=dsp_front_videos)
Our archive tells no lies. FNArena warned its readers well before the price of crude oil peaked in 2008 the speculator bubble would deflate with devastating consequences for those holding oil company shares. In August we warned the most severe correction in modern history was forthcoming for natural resources. In 2007 we warned the problem with US subprime mortgages would prove much bigger than experts and media were anticipating (among other things).
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