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The Equity Markets are Breaking Out, and the Commodities are Rocking (01-04-12)

So on the first day of trading of this wonderful New Year, the Markets breakout!!! That is as expected looking what the pattern was doing. Now we should be looking for a couple of days of consolidation and then to continue the surge to higher prices.  The US dollar is doing just the opposite just like I had said in the previous updates and the commodities are also following suit. Gold and Silver are both looking like they will resume their move to higher prices and Oil is by far my favorite for this year. Stays tuned and follow my targets for this year; this year is going to rock.

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