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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Sunday, October 24, 2010

This Week in Charts

This week is setting up to be very interesting. Does the USD resume it's climb upwards or fail? If it resumes up, likely stocks will fall. Will 10 year bond rates break above the down trend line?
Will gold resume its climb or continue its fall?

I will try to use this chart format from now on. The movements are shown in a weekly summary in the form of a "candlestick". The red shows a week that lost value, the white a week markets gained that week.

To the charts!

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