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Sounds like they are preparing for war as Lindsey Williams said.  This could be the catalyst that causes oil to go up to $150-$200 dollars per barrel overnight.

Iranian lawmakers have drafted bill proposing blocking of Straits of Hormuz for tankers headed to embargo countries…This could get ugly!

Of you course do… but it’s not likely to happen.  Sorry.  Just take the week off and enjoy it while you can, as there isn’t much time left until something big happens.  October is only 3 months away now and I fully believe they will either crash the dollar or the stock market (or both?) during Legatus.  We have a lot of pain coming our way soon…

Looks like a “wave 3” or “C wave” up on that weekly chart to me Morpheuz.  I think we go higher next week.  Traders will be gone for the holiday’s and the gangsters will take full advantage of the light volume to push it up higher.

Not work shorting in my opinion as it’s too easy to get squeezed.  They could chop around all week and go nowhere or rally up much higher… but I doubt if they let it sell off very far.