Commodity Prices

Gold •419 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,353.60	+4.20	+0.31%
WTI Crude •10 mins	63.44	+0.19	+0.30%
Gasoline •20 mins	2.138	+0.015	+0.73%
Ethanol •419 days	2.161	+0.000	+0.00%
Silver •419 days	30.82	+1.16	+3.92%

Silver • 419 days	30.82	+1.16	+3.92%
Copper • 419 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	67.22	-1.58	-2.30%
Natural Gas • 30 mins	2.745	+0.028	+1.03%
Heating Oil • 14 mins	2.287	+0.006	+0.26%

Headlines

803 days Will The ECB Continue To Hike Rates?
804 days Forbes: Aramco Remains Largest Company In The Middle East
805 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,205 days Could Crypto Overtake Traditional Investment?
1,210 days Americans Still Quitting Jobs At Record Pace
1,212 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,215 days Is The Dollar Too Strong?
1,215 days Big Tech Disappoints Investors on Earnings Calls
1,216 days Fear And Celebration On Twitter as Musk Takes The Reins
1,218 days China Is Quietly Trying To Distance Itself From Russia
1,218 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,222 days Crypto Investors Won Big In 2021
1,222 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,223 days Food Prices Are Skyrocketing As Putin’s War Persists
1,225 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,226 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,229 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,230 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,230 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,232 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Rambus Chartology

Rambus Chartology is Primarily a Goldbug TA Site where you can watch Rambus follow the markets on a daily basis and learn a great deal…

More Info

Contact Author

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
Larger Image