Indicators We are Watching: Dollar, Gold and Commodities
December 7, 2009 11:15 am
Last week, we looked at the U.S. dollar and found that there were divergences in indicators along with a consolidation forming pointed to a potential strengthening, Also, gold looked to be topping while there were cautionary signals for equities.
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Some of the same trends persist while others were broken. The S&P 500 still appears to be having great difficuty closing above key resistance. Long-term treasuries turned lower and commodities are still vulnerable.
Click on each of the charts below to see additional data and commentary. Comments encouraged…
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