Last week’s sideways action allowed equities to burn off short-term overbought conditions.  However, what was a problem for equities is now the case for Commodities (DBC), with the US Dollar (UUP) and Treasuries (TLT) in an inverse oversold state.

Related posts:

  1. 12.17.09 – Jobs-Dollar Smack Down
  2. ETF Rewind – Week 11 (03.18.11) Commodity Leadership
  3. Expect a Short-Term Pullback in the US Dollar but Longer-Term Strength
  4. ETF Rewind – Week 2 – XLI Overbought?
  5. Big Dollar Rally Coming?