US DOLLAR TECHNICAL ANALYSIS
Prices issued their strongest
close in five years, with prices seemingly poised to continue marching
higher. A daily close above the 38.2% Fibonacci expansion at 11457
exposes the 50% level at 11511.
S&P 500 TECHNICAL ANALYSIS
Prices corrected higher after
producing the largest drawdown since mid-October. A break above channel
floor support-turned-resistance at 2071.10 exposes the November 26 high
at 2075.90, followed by the 14.6% Fibonacci expansion at 2086.60.
GOLD TECHNICAL ANALYSIS
Prices backed off a bit after producing
the largest daily advance in over two years. Near-term resistance is in
the 1212.23-17.97 area marked by the 38.2% Fibonacci retracement and a
falling trend line set from early July. A break above this barrier
exposes the 50% level at 1237.59.
CRUDE OIL TECHNICAL ANALYSIS
Prices are in consolidation move
above the 70.00 figure. A daily close below the 23.6% Fibonacci
retracement at 70.84 exposes the 14.6% level at 69.57.