Price Action…Risk On…Oil,Miners,Gold

There are many instruments showing bottoming chart patterns.

Yesterday we spoke about the Oil Etf’s, today should have you looking to the Miners for value: GDXJ,NEM,PAAS,BHP,FCX,SLW all have similar patterns…

A close today in AAPL above 320.30 is positive, further confirming the 310 low yesterday as a short term bottom.

Any short term weakness over the next 2 days should provide low risk buying opportunity.

We will be increasing our long metals exposure with a close over 1552 August gold.

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