Tuesday, April 21, 2009

Asset Classes

A review of what the major asset classes are doing (S&P, dollars, bonds, and commodities) and some follow-ups to a couple of yesterday's charts:
SPY - I don't put a ton of stock into short-term fibs; however, today retraced exactly 50% from yesterday's high - we will see if this ends up being significant.


UUP


TLT


DBC


DBA - setting up...


XOM - heading lower.


OIH low-risk entry.

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