030510: In very choppy action, the US dollar moved little this week. It appears international money is flowing into North America of late as stability and growth are being repriced into the region. Interestingly, commodity prices (and the commodity currencies) have remained relatively firm in the face of this recent rally in the US dollar - which corresponds with our commodity/fear cycle thesis (Please refer to Q1'10 CRI Newsletter for more on that). Further to comments made last week re. Lean Hogs, Pork Bellies have broken out violently higher and look to want to move 30% higher over the coming weeks/months. This week's CTS Blog will look at the Energy Complex and what the charts are suggesting for the coming months.
That's all for this issue of the CTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com
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