Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, sent King World News a note warning a new bull market is about to be unleashed on the upside.
A New Bull Market Is About To Be Unleashed!
February 24 (King World News) – Michael Oliver, Founder of MSA Research: There was a positive breakout at last month’s close. The long-term trend line through peak quarterly momentum monthly closes had already been overcome. Then the horizontal resistance that prevailed for seventeen months (closes were kept below the zero line) was also overcome.
KING WORLD NEWS NOTE: A New Bull Market Is About To Be Unleashed! The Price Of Oil Is Poised To Skyrocket!
Based on annual momentum (not shown here), we add a number. Close out a month this year over $71.75 and that’s a further major positive signal for this depressed market. KING WORLD NEWS NOTE: The energy stocks are on the cusp of a historic and violent surge along with the price of oil. The commentary and chart was part of a much larger special report released today by Michael Oliver. You must subscribe to Michael Oliver’s MSA Annual Service to get his special reports as well as his stock picks which have dramatically outperformed. To receive the special KWN discount to subscribe to Michael Oliver’s internationally acclaimed MSA Annual Research and gain access to their research and stock picks subscribe today by CLICKING HERE!
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