The global commodity cycle means a low every 15 years with the next one due in October 2016, says Walter Zimmermann at United-ICAP.
June could be the month where trading range uncertainty is resolved for US equities, according to Ron Meisels, President of independent research house Phases & Cycles.
Brent is set for a seasonal decline of 23% as summer begins, says Walter Zimmermann at United-ICAP. Brent’s failure to rally beyond 69.63 means further declines are likely unless 67.85 is properly cleared.