![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-1jPGHBNuSlpUtaTCvTcDaf-JIC_YbGRwgO1JXmythCTgvRhs2wuA4odd2nXyTzc1GvCq0aAxZ980zkN6rHUG0XzIgV-sixFluJ5WEU-eTFcYZ53r8N9Wz_epVhYKDMJmZrgAZxyUvGhU/s400/oil_25+09+2009.jpg)
The trendline of light crude oil is now broken.
Oil closed at $66 on Friday, below the previous support at $68.
Gold did reverse as well falling below $1000. It is now at $990/oz.
There was a bullish reversal of the US dollar against the other currencies last week as the stock markets ended their uptrend.
No comments:
Post a Comment