This week-

This week should be very interesting. I am done with my vacationing and ready to roll here so get ready for alot of TRADE CALLS if they set up. Presently I am unsure where we can go near term but longer term I say prices will be lower. Oil is at support here and who knows what they will do but longer term Oil will be higher that's all I know.
Looking at the daily charts of the DOW, S&P and nasdaq we are forming wedges and that suggest that this uptrend is running on fumes and 'SHOULD' roll over soon, we will see soon enough.
There is no doubt we can go higher here but the wedges put me on pause. I would look for a break down before I go all out on going lower here but lets wait and see what tomorrow will bring.
One idea here I have is BIDU. I think BIDU could be $275 in a jiffy and if that breaks $220 would be my next target.

Get ready because I am back!!!!!!!!!!!!!!!!!!

MARKETJEDI.!!!!!!!!!!!!!!!!!!!!!!!!!!!!