https://rightsideofthechart.com/amd-first-price-target-revised-to-current-levels-downtrend-line/ Stock Trading, Investing & Market Analysis Thu, 22 Oct 2015 23:26:29 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/amd-first-price-target-revised-to-current-levels-downtrend-line/#comment-583 Thu, 22 Oct 2015 23:26:29 +0000 http://rightsideofthechart.com/?p=168593#comment-583 @vim2 I’ve just recent started to turn my focus back to the broad markets and commodities as I’ve been primarily focused on trading a few individual stocks & sector etfs recently, such as DUST & NUGT. I hope to publish some charts and/or videos by the weekend regarding the outlook for the equity markets & if I see anything compelling, any opportunities that stand out in the commodities arena as well.
From my limited analysis recently, I think that US equities may be poised to kick-off the next major leg down very soon but I need to study the charts further before I can state that with enough conviction to start aggressively shorting. As I’ve stated for a while now, I expect commodities to outperform equities into year end & most or all of 2016, just waiting for the next objective entry on both groups (sector & individual commodity specific, of course) and trying to stay open to all possibilities, including the potential for one last thrust higher in the broad markets (doubtful, but certainly a possibility).

]]> https://rightsideofthechart.com/amd-first-price-target-revised-to-current-levels-downtrend-line/#comment-582 Thu, 22 Oct 2015 22:42:54 +0000 http://rightsideofthechart.com/?p=168593#comment-582 Randy
Would like to have your thoughts on the current play in the stocks and commodities generally. Thank you.
Regards

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