Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
Adam Hewison, charting strategist of INO.com, brings you another edition of his invaluable service of daily technical updates on the ups and downs of various markets. This short analysis is a great tool for keeping one’s finger on the pulse and timing the markets.
Click the image below to hear his latest views on gold (short-, medium- and long-term buy), silver (more recovery potential, possibly to $40), the US Dollar Index (not much more upside potential), the CRB Index (in a tight trading range), crude oil (strong support at $96), and the S&P 500 Index (primary trend up, but in a short-term trading range with support at 1,295/1,300). Also, click here to have an instant analysis of any ticker symbol in your portfolio performed by INO.com.
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Source: INO.com, May 23, 2011.
Technical Talk: Daily update (Monday, May 23, 2011) was first posted on May 24, 2011 at 9:40 am.
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