2 July 2012

Sorry for the lack of posts lately.  I have been traveling a lot to find a new job and my power was out the last two days.  It is actually incredible how much I rely on power for my daily life.

 Medium term cleared the previous high with the powerful day on Friday.

Short term is back into overbought territory and is about 1% lower than its most recent peak.

Historically speaking, July is generally a "muddle-through" month.  Any large moves to one side appear to be temporary and reversed soon after.