Technicals for Stocks, Gold, Silver, Oil

Energy

Gold

Market showing a breakout under a previous daily swing low and should quickly extend selloffs. Failure to extendthe breakout now alerts for a bear failure. A close back over 1326.06 signals a breakout failure and turnaround.

Silver

We have currently traded below the first swing target for this market (1941.50). The next objective is 1928.00. Aclose over 1984.23 is needed to negate a bear trading stance.

WTI

1* Market showing a preliminary breakout under a previous daily swing low and needs to quickly extend selloffs into aclose beyond 45.25. Failure to extend the breakout today-tomorrow alerts for a bear failure. The close over 45.51already implies a breakout failure.

Dow Jones

1* Be on the watch for a Range Reversal greater than 2.41 against the trend to suggest a significant turnaround. 2*The upside target zone for this pattern is from 185.87 to 192.77 with a close under 184.64 needed to negate a bulltrading stance.