week end observations

• The Fed is issuing 64 Billion this coming week.    
• Utilities are still Bearish 
• Dollar is Bearish...look for .77 bottoming 
• 10 year Yield is still rising (BULLISH) 
• COT Shorts in Gold..(see Tom  McClellan's weekly blog post)
        http://www.mcoscillator.com/learning_center/weekly_chart/gold_cot_data_again_proclaiming_a_price_bottom/?utm_source=McClellan+Chart+In+Focus+-&utm_campaign=2ce6907e81-CIF_Gold_COT_Data_Again_12_6_2013&utm_medium=email&utm_term=0_9e79f8200f-2ce6907e81-131989602   
  
   
• Coal and KOL etf looking Bullish

  

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