Thursday, July 1, 2010

Intermarket Update

I don't have time for charts right now, but here is my take on some markets with the time frame of the next few weeks or more.......Overall I think we are nearing a period where some markets break the usual correlations, so we need to look at them individually.

Gold - down
US Bonds - Topping
US Dollar - moving up soon
Stocks - ? rebound then down ?
Wheat - Up
Natural Gas - Up

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