Charles Nenner April Review

By: readtheticker | Wed, Apr 20, 2011
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Charles Nenner stated via madhedgefundtrader the follow forecast.

As at April 18th.

Long Bonds: Rally, rates to fall
Stocks: Top Out in May
Oil: To go higher
Gold and Silver: To Slow
Copper: To roll over
Euro: To roll over maybe at $146
Aussie: To roll over

We have no associated with Charles Nenner, nor do we know how he calculates his cycles.

But..we do know that cycles are cycles and that our Hurst cycles tend to match up with Charles cycles and other cycle forecasters.

Our View...

Long Bonds: No comment.
Stocks: Hamstrung by 4x1 Gann Angle and other internals are weak , see link1 and 2
Oil: No comment (ETF USO data is poor for cycles)
Gold and Silver: Price is running up the 1x4 line, lovely profits, when it breaks SELL !, see link3
Copper: Agree, see link 2
Euro: Agree, see link 4 and 5
Aussie: Agree, see link 2

Link1: Pivotal Week for Stocks
Link2: Cycle Review, dont tell the retail investor, but..
Link3: Silver can swing your wealth between rich and poor
Link4: Euro approaching another cycle top
Link5: Who do you think you are kidding Euro!

 


 

readtheticker

Author: readtheticker

readtheticker
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