The June crude oil market rallied every day last week. The market put in higher lows and higher highs on a daily basis after it tested the support trendline (#3 on the chart) last week on Monday morning. Any technical trader would say last week had all of the necessary ingredients for a bull run.
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National Health Partners, Inc. (NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
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Gold Chart Pattern Indicates Impending Volatility; Possible Top
December Gold traded in a tight and narrow range for the second day in a row indicating impending volatility.
Fundamentally, the slow down in the break in the U.S. Dollar has had a lot to do with trader indecision. Bullish traders have backed away from adding to their existing positions since Thursday when this market made a closing price reversal top.