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).
Potential Stage 4 breakdown in Copper occurring. it needs to close below the recent swing low to confirm, but would be a negative for the equity market if it does as is showing weakness in the global economy.
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.