No time to waste, so let’s get right to it.
Oil has been trending higher over the last few weeks, just as our E-Wave trade model forecast, but now crude is running into some key resistance levels just ahead. So we recommend you grab gains on your United States Oil Fund ETF (USO) shares right away.
We’re targeting a solid profit of 11.2% in just under three weeks. Oil may still move a tad higher from these levels, but the easy money has been made. It’s time to ring the cash register by following the instructions below.
Then let’s wait patiently for our next signal on oil.
Meanwhile, the E-Wave model has also been right on the money for the precious metals, with gold, silver, and the miners all holding up nicely.
We are nearing some key resistance levels, so we are watching the price action closely, and will be sure to let you know when it’s time to make a move. For now, continue to hold SLV, GDXJ, SA, and SBGL.
Also, continue to hold your positions in DXD, DIG, and EUO.
Here are the details for grabbing gains on USO:
For ALL Members who own USO:
Place an order to sell ALL of your shares of the United States Oil Fund ETF, symbol USO, at the market. Then, cancel your good-till-canceled protective sell-stop.
Go ahead and get this order in to your broker asap.
Good Investing,
Mike and David
