Predictions for 2015

Bull Markets

US Dollar – DX futures continue to rise. Demand for USD has only gotten stronger this year and price has exceeded previous highs in 2009. A close above 90 in the H5 contract is a very bullish sign.

US Stock Market – The Dow Jones Industrial, S&P 500, and  NASDAQ 100 all exhibit strong bullish trends that have yet to break in the past 3 years. A change in trend would require a monthly close beneath the following levels:

  • S&P 500 – 1728 (-360 pts)
  • Dow Jones Industrial – 15378 (-2675 pts)
  • NASDAQ 100 – 3361 (-953 pts)

Bear Markets

Oil – Crude looks like it’s going to retest the 2009 lows near 33.

Gold – Despite my username, gold has yet to mount a rally that’s lasted more than six months. I think that as long as the US Dollar remains in a bull market, gold will continue to decline.