bearish/neutral as well. British Pound futures are consolidating the most recent rally. The Daily BC hovers within the overbought window. OI is up 19 percent from last week. Signals are bearish/neutral short term. The intermediate trend is bearish/neutral as well. Canadian Dollar futures are moving sideways/higher in search of overhead resistance. The Daily BC rose to a new 12 month high. OI is up 13 percent from last week. Signals still advise some caution for recent Bulls short term. The intermediate trend is overbought and warns of a corrective decline.
Dollar Index futures are moving sideways/higher to test overhead resistance. The Daily BC hovers within the overbought window. OI is down 28 percent from last week. Signals are bullish/neutral short term. The intermediate trend is neutral/bullish.
Energy Complex
Crude Oil futures are consolidating the recent rally. The Daily BC hovers within the overbought area. OI is down 6 percent from last week. Signals advise some caution for recent Bulls short term. The intermediate trend is overbought and warns of another corrective decline. Heating Oil futures are consolidating the recent rally. The Daily BC hovers within the overbought area. OI is up 2 percent from last week. Signals advise some caution for recent Bulls short term. The intermediate trend is overbought and warns of another corrective decline. Unleaded Gas futures are (Continued on page 2)
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