The Traderszone Network

Published in TZ Latest News 16 May, 2016 by The TZ Newswire Staff

Bounce… But Declining Trend Intact – Oil Flying High

No changes on the DP Scoreboards. Today saw a nice bounce after the past few days of decline. Gold and the Dollar remained mostly unchanged today, but USO had a stunning rally, up almost 3.5%.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the day’s action, internal condition, and Trend Model status of the broad market (S&P 500), the nine SPDR Sectors,