Sunday Night Charts for May 1, 2005

Let's start with the weekly chart of the Nasdaq.

Courtesy of stockcharts.com
Right at resistance; if it doesn't hold, next stop is 1750.


Next is the CRB

Courtesy of stockcharts.com
Still a solid uptrend.


Gold.

Courtesy of stockcharts.com
Surprisingly, uptrend is still intact; kind of a "stealth" bull market in gold.

VIX

Courtesy of stockcharts.com
Pulling back, but still above the downtrend line.

Now the continuing saga of the USD

Courtesy of stockcharts.com
Could go either way.

Black gold--WTIC.

Courtesy of stockcharts.com
Double top, but still a solid longer term uptrend.

Next is one I've done a lot of handwringing about--CME

Courtesy of stockcharts.com
Quite the solid recovery, although I expect some "bagholders" to sell if it rises much more.

TNX

Courtesy of stockcharts.com
No rising rates yet.

Have a great week everyone!