1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Friday, June 17, 2016

Oil Rig Count

Not to get too excited about because there are other reports that affect the price of oil. Oil rigs increased nine to 337. Gas rigs increased by one. With the chart there is still downward pressure to neutral.

Silver and Gold have been resilient at holding their price. Sideways action is probable with pressure to the upside. Again, it`s tricky with world news affecting them in any way.

Natural gas seems to be in accumulation but it has had a decent run-up so anything gives there.

The DOW has slipped under the 50 day moving average so that is resistance to the upside with bias to the downside.

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