Sunday, March 27, 2005

Sunday Night Charts for March 27, 2005

Let's start with the Nasdaq. Weekly chart.

Courtesy of stockcharts.com
Solid break of that trendline. If it doesn't stop here, could be down to 1900.

Next is VIX

Courtesy of stockcharts.com
A little pop, and fade. Still no real fear.

Now, the CRB

Courtesy of stockcharts.com
Despite the drop, still a solid uptrend.

Next is gold.

Courtesy of stockcharts.com
Dropped right to solid support. If this doesn't hold . . . . . . . .

S & P

Courtesy of stockcharts.com
Has also dropped to solid support.

WTIC

Courtesy of stockcharts.com
Right at a double top.

TNX

Courtesy of stockcharts.com
Would you believe, declining interest rates?


Finally, Warren Buffett's favorite short, the USD

Courtesy of stockcharts.com
A change in trend? Not till it solidly breaks above about 85.

Have a great week everyone!

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