Commodity Prices

Gold •356 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,330.30	+8.10	+0.61%
WTI Crude •10 mins	65.38	+1.01	+1.57%
Gasoline •11 mins	2.094	+0.008	+0.40%
Ethanol •356 days	2.161	+0.000	+0.00%
Silver •356 days	30.82	+1.16	+3.92%

Silver • 356 days	30.82	+1.16	+3.92%
Copper • 356 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.16	+1.02	+1.52%
Natural Gas • 10 mins	3.507	-0.030	-0.85%
Heating Oil • 10 mins	2.330	+0.044	+1.94%

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USDU Update...An Important Chart

By - Mar 16, 2016, 4:29 PM CDT

Last week I showed you this potential H&S top forming on the USDU which is a more evenly balanced index for the US dollar which actually trades as an ETF.

http://www.wisdomtree.com/etfs/fund-details-currency.aspx?etfid=91

I built this chart using a line chart and then leaving the trendlines in place I converted to a bar chart. As you can see it has been backtesting the neckline for the last week or so along with the 200 dma. This chart shows a reversal pattern which sets up a downtrend of some kind. This is an important development.

Wisdom Tree Bloomberg US Dollar Bullish Fund Daily Chart
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