We can all take a position here, short or long and should know very soon whether we are on the right side of the trade, thereby keeping losses minimal IF you stick to a trading plan. You have a plan right?

The monthly HUI shows my line in the sand. If we don’t bounce and stay above this 200 level on a monthly basis then I am out. Ive been long since Dec and accumulating on dips….It wont bother me at all to sell at 190 if needed because the risk/reward is so compelling here to be long.


Look at the monthly CRB chart. You really think these types of levels are where massive bull traps emerge from? This chart, along with WTIC and GOLD monthly charts are at levels that have historically indicated oversold and bottoming conditions are driving my bias from here.