Hello, askSlim members!  The askSlim FutureSpeak “minutes” – 08/07/19 has been posted.

NOTE: Underlined titles below are linked to video topic starting points. Enjoy!

NOTE: Underlined titles are linked to video topic starting points.


  • Light Sweet Crude Oil – /CL
    • Low due in October, likely to struggle until then
    • Negative momentum
  • Gasoline – /RB
    • Broke previous cycle low – negative signal
    • In a declining phase for about a week
  • Heating Oil – /HO
    • Decline for another week, then attempted rally – daily chart
    • A lot of downside ahead and potential selling areas
  • Natural Gas – /NG
    • Negative momentum
    • Low likely in about a month – weekly chart



  • Gold – /GC
    • Powerful pattern – projections raised
    • Correction expected into late September then back up
  • Silver – /SI
    • Led the way up now looks like it is following
    • Likely to correct into September then back up
  • Platinum – /PL
    • Likely to get up to $888, then likely a short side trade
  • Copper – /HG
    • Down for about a week then feeble bounce



  • S & P 500 Index – SPX
    • $2900-$2950 potential rebound area
    • Risky period in October-November
    • Minor cycle low on daily likely in place means rally for a few more days
  • Nasdaq -100 Index – NDX
    • Room for rebound
    • Likely to fail around $7700
    • Lot of risk
  • Russell-2000 Index – RUT
    • Another month of decline likely
  • VIX
    • Likely to stay choppy short term
    • $25 probably the highest level in next week
    • Likely in uptrend for volatility
  • Special Commentary
    • Trading Volatile Markets


That’s it for this week! 



Askslim.com, Inc. owns and operates the website known as: www.askslim.com. All of the information on www.askslim.com is solely for entertainment, informational and educational purposes only and is not investment or trading advice. None of the information on the Website or in emails is guaranteed to be accurate, complete, useful or timely.

Please go askslim.com for the full disclaimer, terms and conditions and privacy policy