Technical Talk: Daily update (Tuesday, May 24, 2011)

 EmailPrint This Post Print This Post

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 $42), the US Dollar Index (not much more short-term upside potential, long term negative), the CRB Index (in a tight trading range), crude oil (strong support at $96, needs to break $100 to enter uptrend), 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.

[iframe: width="520" height="318" src="http://www.ino.com/info/688/CD3194/&dp=0&l=0&campaignid=3" style="border:0;outline:0" frameborder="0" scrolling="no"]

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

Source: INO.com, May 24, 2011.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

More on this topic (What's this?)
Market Outlook
Tough Doesn’t Quit, Except at Breakfast
Is This The Beginning Of A Larger Equity Market Correction?
Read more on Lingui Development, Burwill HLDGS at Wikinvest
OverSeas Radio Network

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones


One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Calendar of Posts

May 2011
MTWTFSS
« Apr Jun »
 1
2345678
9101112131415
16171819202122
23242526272829
3031 

Feed the Bull