Current Outlook 1) Stock Market – The indexes are beginning a correction. The small caps are leading to the downside. 2) Bonds – Long-term bonds are likely nearing a cycle high. 3) Currency – The dollar is entering the middle portion of a cycle, where sideways consolidation is the norm. 4) Gold – Gold is in the process of, or has, completed a daily cycle low, which should be followed by a rally. 5) … read more Newsletter #326—The Oil Trade