First is Nasdaq.
courtesy of stockcharts.com
Believe it or not, still an uptrend, bouncing off the trend line I drew previously.
Next is USD
courtesy of stockcharts.com
Still a downtrend, rose to touch the downtrend line, maybe even flirt with breaking it, but like it has done so many times before, and like I said last week and before, I'm looking for the next big move to be down.
Next is gold.
courtesy of stockcharts.com
still an uptrend. I'm still bullish.
Finally, the CRB.
courtesy of stockcharts.com
If I was going to just look at the chart and have no opinion, I'd almost think commodities were trying hard to break that long uptrend.
Naaaaah! ;>)
Have a great week!!
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