RE: Commodities Update and the Dollar Index
(2013-03-31, 04:02 PM)isatrader Wrote: 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.
Interesting, thanks for sharing your analysis
nicosxm