Commodity Prices

Gold •268 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	996.10	-4.50	-0.45%
WTI Crude •13 hours	69.36	-0.56	-0.80%
Gasoline •13 hours	2.235	-0.012	-0.52%
Ethanol •268 days	2.161	+0.000	+0.00%
Silver •268 days	30.82	+1.16	+3.92%

Silver • 268 days	30.82	+1.16	+3.92%
Copper • 268 days	4.530	+0.111	+2.51%
Brent Crude • 12 hours	73.63	-0.40	-0.54%
Natural Gas • 13 hours	4.065	+0.140	+3.57%
Heating Oil • 13 hours	2.261	-0.024	-1.04%

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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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