USD/Commodities Update

By: Wall Street Warrior Monday, November 17, 2008 11:56 AM

Article Author

Bio and Articles
Author's Website

Vote for next session

The next market session will close:

The MACD has yet to confirm the bullish pennant BO, so the pattern is suspect.

Energy is forming a symmetrical triangle, but it's not clear which direction it will break. Either way, the coiling of the ADX +- lines foreshadows a big move.

Gold has held up quite well given the strength of the dollar.

Bookmark:
Email
Print

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.

Related Stories