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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (59666)	8/11/2024 2:34:10 AM
From: Johnny Canuck	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 69345

Natural gas breaking the intermediate downtrend line and confirmed that break on Friday. Long term trend still sideways. Copper still in an intermediate downtrend. Long term starting to turn to a sideways pattern. It need to bounce near this level in order to now set a lower low. Timber in an intermediate downtrend. Long term trend sideways. It looks like it has bounced at a level just above the 52 week low. Platinum in an intermediate downtrend and long term it is starting to go sideways. Energy in modest intermediate downtrend. Long term trend is sideways also. Gold consolidating near the 52 week high. Silver not tracking gold. In an intermediate downtrend but long term uptrend still for now. In aggregate this is not the strength in the commodities that would indicate a strong and expanding economy.