Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,007.90	+64.20	+3.30%
WTI Crude •11 mins	93.62	-1.93	-2.02%
Gasoline •29 mins	3.110	-0.018	-0.56%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.99	-1.66	-1.53%
Natural Gas • 11 mins	3.128	-0.038	-1.20%
Heating Oil • 32 mins	4.280	-0.062	-1.43%

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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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