WTIC Oil futures, is starting to pullback after testing the YearlyR2 Pivot Point. Last January when price tested the Yr1 Pivot, it held for 5 months. Oil seasonally usually tops out in late May and goes down into the summer driving season. I'm looking for WTIC oil to pullback this summer to the Yr1 Pivot @ $66.60. If Yr1 fails, then the YP @ $55 is possible in 2018.
Small Caps Etf IWM & RUT index are close to resistance at the YearlyR1 Pivots(YR1). A breakout here could turn into a FAKE OUT! I recommended buying last month at the YWP-YP zone @ $148.55-$146.75. Now, I recommend scaling out(sell 1/3 $161.30, more at $163 and all out at $165) here at $161-$165 at the YR1 Pivots.
YY, Inc. is a China based social media company. The stock fell to the Yearly Pivots @ $91. That's where I recommended it to subscribers. YY stock Price is now starting to turn back up. It may go back to the YFR1 Pivot Point @ $125. The Biggest reversals during the year, happen at Yearly Pivot Points.
Blackberry (BB) after consolidating on the Yearly Pivot(YP) for a month, has started moving back up. The next target is the Qrtly. Pivot(QP) @ $12.39. When a good companys stock drops to a Yearly Pivot, is usually a good buying opportunity!