Technical Talk: Daily update (Thursday, May 26, 2011)
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 (in good shape, more recovery potential), the US Dollar Index (topping out), the CRB Index (no clear break out of trading range yet), crude oil (taken out resistance at $102 would indicate further upside potential), and the S&P 500 Index (primary trend up, short-term uncertain). 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 26, 2011.
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