Technical Talk: Daily update (Friday, May 20, 2011)

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Adam Hewison, charting strategist of, brings you another edition of his new service of daily technical updates on the ups and downs of various markets. This short analysis is a great tool for timing the markets, and is turning out to be very popular with readers.

Click the image below to hear his latest views on gold (short-, medium- and long-term buy), silver (more recovery potential, especially if it clears $36), the US Dollar Index (rolling over – more downside), the CRB Index (oversold – upside potential), crude oil (correction coming to an end), and the S&P 500 Index (primary trend up, but in short-term trading range). Also, click here to have an instant analysis of any ticker symbol in your portfolio performed by

[iframe: width=”520″ height=”318″ src=”″ style=”border:0;outline:0″ frameborder=”0″ scrolling=”no”]

Get a Free MarketClub analysis of your portfolio instantly – Click Here!

Source:, May 20, 2011.

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