The Most Important Charts of the Week

As Brent Crude Oil ($BNO $BZ_F) made a sharp u-turn higher into the Friday close to settle right at key resistance around $126/barrel on the back of a report that Israel’s cabinet has voted 8-6 in favor of an attack on Iran:

The Intrade market on a US/Israeli strike on Iran during 2012 barely budged and the NASDAQ-100 ($QQQ) didn’t flinch as it ended higher for the 11th consecutive week:


My weekly letter will be published on Sunday morning - Enjoy your Friday evening!


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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