2 Days of Decline Erased

At 12.15 I got a buy signal on the s@p futures on the 15 min time frame. Once I got that buy signal the market never looked back. I have a buy signal in the daily charts on the SPY and looking for a buy back to try and push higher. The markets erased the last 2 days of declines. Still, if I was a long term investor I would looking to lighten up on any rally. I still think that the gap down to 16100 will get filled by early second quarter. Oil today was sharply lower — down 3 at one point before bouncing. Oil needs to hold 45.63 on the daily charts. Any close below that number will be very bearish for oil. Gold is negative on my daily charts and looking for gold to work off the oversold condition in the daily charts where I would look to go short.
Previous articleWhat’s Happening in Commercial Real Estate?
Next articleIt’s OK Not To Play
Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.