Intraday Market Thoughts

Archived IMT (2009.05.13)

by Ashraf Laidi
May 13, 2009 23:07

Catch Ashraf on CNBC Europe Thursday at 9:50 am London time. Metals gain as told in last week's article on Gold and the FX-Equity relationship. But silver continues to get the upper hand relative to gold. Oil shows 2 declines out of last 3 day. RSI comes off the 70% level, while stochastics transition from flattening to declining. Potential break of $56 seen by end of week. Latest Hot-Chart updated.


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