Earlier this week, you should have acted on three timely, new trade recommendations:
* iShares Silver Trust (SLV)
* United States Oil, LP (USO) and
* VanEck Vectors Junior Gold Miners ETF (GDXJ)
That’s a great move, because these three markets are right on the cusp of another sizeable move higher. Gold, silver and mining shares could be subject to more backing-and-filling price action, so don’t be worried one bit if they trade a tad lower from here.
For Silver, our E-Wave models forecast a substantial move higher starting next month and carrying forward into May. Ditto for junior mining stocks.
As for crude oil, it appears to have bottomed already, and perfectly in sync with our cycle forecast low date of 3/24/17, as you can see in the chart below …
Crude oil severely oversold and overdue for a rebound
Just ahead, we expect a strong rebound rally in April, that could take crude back toward the January high at $56 a barrel. This should translate into open gains of up to 20% in USO, but we see another energy trade with even more profit potential.
Just like mining stocks provide leveraged upside potential to the price of gold and silver, so do energy stocks offer the same magnified upside to the price of oil.
That’s why we recommend you add ProShares Ultra Oil & Gas (DIG) to your Supercycle Trader portfolio right away. Here’s what to do …
|
For ALL Members: Using 5% of your funds allocated to this service, buy shares in ProShares Ultra Oil & Gas, symbol DIG, at the market. Place a good-till-canceled protective sell stop at $34.05. |
Get this order in to your broker asap, continue to hold all open positions and stay alert for more updates.
Good Investing,
Mike and David
