Some short-term trends have swung
April 19, 2011 Leave a comment
S&P lowers U.S. government long-term credit rating to negative and the US Dollar rallies….
Not all market reactions seem logical.
US Dollar Index, Euro, VIX, S&P 500, Copper, US Transports, Nasdaq, CRB Index & Philly Gold/Silver Index – have all reversed their recent short-term trends.
Existing trends in spot Gold, Silver & Oil are still intact.
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