Wizetrade: Stock Trading News: Commodities Focus for June 3, 2008
Video:
My Review:
The markets are not looking great today so far. Crude oil has crossed over on the downside. The overall trend is still good though. There's some resistance in corn, soy beans, and agriculture all together. There seems be some wedge that's stopping these commodities from breaking out. The overall trend is to the upside, but we're just waiting for some break away.
There's a great weekly chart for U.S. Treasury Bonds. However there is some weakness, so keep an eye on it.
Good luck today with a wizetrade!
Permalink to this post: Wizetrade
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment