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| Something is happening to the dollar, as I told you three days ago when there was an inside down day printed it ran into resistance 76.25-76.5 and now right at the 50dma. Sure looks like the money printing will continue in one form or another. |
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| The gold chart looks amazingly bullish, tested 1515 intra-day and then just took off. 1545-1510 next target. |
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| Previously this has had no trouble clearing the 150dma, it should be above it early on Tuesday. Everything is lining up nice, with gold strong, dollar weak we should have a nice week when the market reopens. |
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| CCI broke out of its trading range and closed at the high of the session. Next hurdle is the 50dma. RSI and MACD are bullish as well. With the fed Bullard's recent dovish comments CCI gaining momentum. |
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| I'm surprised oil isn't spiking up with the movement in the dollar. Traders seem to be leery of the politicians and further margin hikes. |
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| Copper chart looks very bullish as well, just getting through the trading range up against two major averages, if it clears those |
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| Saved by the Fed again and again. Thats why you can't short this beast. I had been try since the summer of 2010 and losing. Thats why I gave up. This will rise along with inflation. |
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