Commodities Trading Blog
Sunday, August 21, 2011
Week 34 Nasdaq & Stoxx50 & Crude Oil LONG reached prior weeks 50% , Gold reached weekly SHORT Target
These markets already reached their monthly targets at the beginning of the week, so we might see a correction at the beginning of this week.
Nasdaq SHORT
Stoxx50 SHORT
Crude Oil SHORT
Gold LONG
Bonds LONG
At the end of the week:
Nasdaq & Stoxx50 long reached prior week 50%
Crude Oil long reached prior week 50%
Gold Short reached monthly short target at 1737
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