Highlights include:
-US Dollar Index fails to hold gains as short-term rates decline
-Gold surges to new highs and remains leader of the pack
-Oil forms a bull flag and continues to benefit from Dollar weakness
-A medium-term downtrend for bonds as $USB tests support
-Click here for the intermarket chart page
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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