The Bonddad Blog
Still nerdy after all these years
Wednesday, January 27, 2010
Wednesday Commodities Round-Up
A.) Prices have broken two key trend lines, indicating a change in trend is occurring.
A.) The 10 and 20 day EMA are moving lower and the 10 day EMA has crossed below the 20 day EMA. Finally, prices are below all the EMAs.
A.) Momentum has clearly dropped bu
B.) We're not seeing a huge exodus from the shares.