Technical Talk: Daily update (Friday, May 20, 2011)
Adam Hewison, charting strategist of INO.com, 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 INO.com.
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Get a Free MarketClub analysis of your portfolio instantly – Click Here!
Source: INO.com, May 20, 2011.
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