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Thomas Lowey Rank: 59 Followers: 12 Votes: 7 Years Member: 9 Last Update: 23 May 2013, 10:04 Categories: Commodities
Sector / Industry Analysis
Swing Trading

4-28 SUMMARY (Welcome to the world of VOLATILITY! Nothing is Real in markets anymore!)

US Broads - ST Down (topping)/IT Up (Major Top Forming) (See 'Market Sectors 07')
US Dollar - ST Down/IT Up (corrective up ENDING) (See 'Currencies 03')
PRECIOUS METALS - ST Down/IT Down (corrective ending) (See 'Precious Metals 02')
AGRICULTURE - ST Down/IT Down (early new impulse higher?) (See 'Agriculture 02')
ENERGY NATURAL GAS - ST Down/IT Up (at st top - wave 3) (See 'Energy 02')
ENERGY OIL - ST Up/IT Down (early impulse down) (See 'Energy 05')
US TREASURIES - ST Up/IT Up (topping action begins)

US Dollar
Dollar strength blows out upside levels - back to square-one! - Buy signal on Weekly Chart NOW 'in effect'(Currencies 05)

Precious Metals
Hammering out a bottom (Precious Metals 07)

Agriculture
DAILY and WEEKLY back to SELL signals Looking for 409 (50% FIB is targeted) - CAUTION!

Energy
Bullish count on Natural Gas confirmed! - On the upside Oil needs to break above $105, then $110 to confirm.

Broad Market
It`s CRUNCH TIME! Looks like large bearish wedge formation continues to push higher - Caution is advised!