zentrader's Commentaries
May
10
2009
Commodities Popping
by zentrader
Overall Rating:
Both oil and ags have broken out of major areas of resistance. Given that gold is starting to move as well, this is a good confirming indicator that commodities could be a good area to focus your attention on going forward. To give a good example of how this price by volume has indicated an impeding move once the chart breaks out, check out this post abut TBT.
Tags: sector-review | bonds | oil | ags
