WCTS Spotlight for the week of November 6th, 2009

Hello and welcome back to CRI's WCTS Spotlight



11/06/09: The US dollar continues to drift lower - showing no signs of a bottom yet. As a result, commodity prices and most of the greenback's trading pairs are comfortably pointing higher. The one currency that looked vulnerable, The British Pound, looks to be testing its' top in earnest. The one market that stands out is Pork bellies, but considering the oddity of the pork trading complex it may just be a case of contract expiry that launches prices up to the anticipated target of 127. Regardless, refer to this weeks' commodity trading blog for more...

That's all for this issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com

WCTS Spotlight for the week of October 30, 2009

Hello and welcome back to CRI's WCTS Spotlight



10/30/09: A small bounce in the US dollar index occurred this week as the bear slide in the greenback hits its 1/2 year mark. While the bear flagpole formation suggested downside targets would come in near 77, there isn't a tradable bottom in the US dollar index yet. Most existing price patterns continue to exert themselves with just a couple markets breaking their existing trends. Two charts of note this week include the Canadian stock market (refer to WCTS 10/30) and a rather large bull flag pole formation in Pork Bellies.

That's all for this issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com