This Week in Charts - Natural Resource Update

After this past weeks natural resource correction, I figured I'd check the sectors for status update.

Below are the charts. I think buying any precious metals this week is risky after such heavy losses.

So why am I buying? Because the media loved to report on how things fell, how gas will be cheaper this summer, etc. Also, some of the charts don't look too damaged yet.

Of course, I won't go full in, the losses could continue.

But I avoided most of the damage, so why not jump on in? To the charts!

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2 From WebSufinMurfs FinancialBlog2