Commodity Prices

Gold •616 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,193.00	-11.30	-0.51%
WTI Crude •11 mins	91.37	+4.12	+4.72%
Gasoline •12 mins	2.880	+0.092	+3.29%
Ethanol •616 days	2.161	+0.000	+0.00%
Silver •616 days	30.82	+1.16	+3.92%

Silver • 616 days	30.82	+1.16	+3.92%
Copper • 616 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.53	+4.55	+4.95%
Natural Gas • 11 mins	3.244	+0.035	+1.09%
Heating Oil • 11 mins	3.882	+0.204	+5.53%

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DRV (Real Estate Bear 3x ETF): IWR Bearish Watchlist

By - Apr 23, 2014, 5:41 AM CDT

Reason: Potential Bullish Falling Wedge

This is a short-term trade setup.

If the Bullish Falling Wedge pans out it should result in a sharp rebound with a potential target in the range 46.16 (Gap) - 47.28 (Last lower high).

The RSI (5) positive divergence favours a tradable bottom which needs to overcome the resistance located at 45 opening the door to achieve a move towards the target box.

DRV Daily Chart
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