Short term weakness early this week is expected to provide a buying opportunity in sectors that show positive seasonality at this time of year (e.g. energy, materials, oil services, platinum, silver). Wait for technical signs of bottoming before adding/ introducing a position.

Jon Vialoux’s EquityClock.com can be accessed HERE for Sector Seasonality Reports

Crude Oil gained $2.27 per barrel (2.41%) last week. Trend remains down. Crude moved above its 20 and 50 day moving averages. Strength relative to the S&P 500 Index changed from negative to positive. Technical score improved to 2.0 from 0.0 out of 3.0. Short term momentum indicators are trending up.

….Don’s Timing The Market Monday Morning Report Reviews & comments on the entire Energy Sector & all other Commodities, Currencies, Equity Trends, Intersest Rates, Economic News this Week, Earnings News…….just a thorough review of over 45 Charts that is well worth scanning HERE