 Silver - Major retracement values achieved basis monthly chart data. Silver also has also fallen into the very oversold category. Coupled with what may likely be a puse in the US dollar's recent ascent (see euro comment) it seems quite likely silver is poised to post reasonable gains off the 1031 low basis the December contract. |
 Gold - Significant retracement value reached based on the weekly chart data. Other chart objectives also achieved. A move from the 73980 low basis the December contract seems appropriate. |
 Euro Currency - Reached a valid extension target level based on the daily chart data and significant retracement level basis the weekly chart data . Euro also market condition fell into the oversold category. Rally of some magnitude off the 13811 low basis the December contract very likely warranted. |
 Wheat - Well defined Head & Shoulders particularly basis the weekly chart. Neckline has been penetrated and a weekly close below it has been recorded. Look for lower prices to come. |
 Cattle - October cattle displays a well formed Head & Shoulders top with the neckline both penetrated and retested. Lower prices will be expected. |
