Commodities Update and the Dollar Index
Attached is the updated major commodities charts, Gold (GC), Copper (HG), West Texas Intermediate Crude (CL) and the Dollar Index (DX).
Copper (HG) continues to improve adding 2 to it's technical attributes score this week and is now a 5 out of 9 score, and so I'd rate it as in normal Stage 1 now. Gold's (GC) technical attributes score also improved 1 point to a score of 3 out 9 and so I'd rate it as in Stage 4B- currently. Crude Oil (CL) dropped two points from it's technical attributes score and now has a 7 out of 9 score and is still in Stage 2. Finally the Dollar Index (DX) which lost another point from it's technical attributes score this week and now has a zero out of 9 score and moved into Stage 4A on Wednesday.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.