February 5, 2019
By Mish Schneider
Before I begin, here is the video I made when I met Mr. Ham.
He (and his friend Scruffy) are hard to resist.
The takeaway from the research I have done on Feng Shui predictions, have been both auspicious and ominous.
One of the auspicious predictions has been investments related to plants.
Pot is a plant.
But so are agriculturals.
Wheat, corn, soybeans, coffee and sugar have been languishing for years.
I focused on one specific plant in my recent interview with RealVision.
The pick may surprise you.
Here is the link:
The parameters for the trade are well spelled out.
If you would like to hear more on the auspicious and ominous potential setups for this Year of the Earth Pig on Water, please join me later at 7 PM EST, for a free webinar on Building Your Wealth in Bull and Bear Markets.
We will be done in time for the State of The Union address. This webinar will help you prepare for the next moves.
S&P 500 (SPY) 271-272.65 now the pivotal support. 273.92 is the 200-DMA resistance
Russell 2000 (IWM) 150 pivotal support to hold. 151.25 pivotal resistance
Dow (DIA) 249.85 the 200-DMA a good pivotal point to watch. 254 resistance
Nasdaq (QQQ) 170.15 now pivotal support
KRE (Regional Banks) 53.19 pivotal support 55 resistance
SMH (Semiconductors) November high before the crash was 99.13. Today’s high 99.22. 97.25 now key weekly support to hold
IYT (Transportation) 180.59 support to hold 187.65 resistance overhead.
IBB (Biotechnology) 109.92 the 50-WMA and now pivotal
XRT (Retail) Cleared the 200-Week MA today-that makes 44.60 pivotal for the week with some resistance at 45