Commodity Prices

Gold •604 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,373.50	+133.90	+5.98%
WTI Crude •19 hours	67.02	+1.81	+2.78%
Gasoline •19 hours	2.078	+0.046	+2.24%
Ethanol •604 days	2.161	+0.000	+0.00%
Silver •604 days	30.82	+1.16	+3.92%

Silver • 604 days	30.82	+1.16	+3.92%
Copper • 604 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	72.87	+2.03	+2.87%
Natural Gas • 19 hours	2.859	+0.032	+1.13%
Heating Oil • 19 hours	2.671	+0.058	+2.24%

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Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent…

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Third Time's a Charm?

By Ed Carlson - Mar 25, 2014, 1:27 PM CDT

The US Dollar index bottomed on Monday's 21-day cycle and then rallied over 1% last week (after the previous week's big cycle convergence). In doing so it printed an engulfing bullish candlestick on the weekly chart (not shown).

DXY has formed a bullish wedge (and triggered it last week) on its daily chart below. It calls for a minimum move back to the top of the wedge near 81.40. This level has turned back advances in DXY twice since last November. Third time's a charm?

US Dollar Index ICE Continuous
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