gold, crude oil, the euro and the dow are overbought
TRANSCRIPT
8/8/2019 Gold, Crude Oil, the Euro and the Dow are Overbought
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8/8/2019 Gold, Crude Oil, the Euro and the Dow are Overbought
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Courtesy of Thomson / Reuters
Nymex Crude Oil – ($82.21) Weekly and annual value levels are $79.62 and $77.05 with mysemiannual pivot at $83.94, and monthly and daily risky levels at $84.74 and $86.11.
Courtesy of Thomson / Reuters
8/8/2019 Gold, Crude Oil, the Euro and the Dow are Overbought
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The Euro – (1.3871) Weekly, quarterly and weekly value levels are 1.3737, 1.3318 and 1.2919 with adaily risky level at 1.4034. My monthly value level is 1.2342 with semiannual risky level at 1.4733.
Courtesy of Thomson / Reuters
Daily Dow: (11,010) Semiannual, annual and quarterly value levels are 10,558, 10,379 and 8,523 witmonthly, daily and weekly pivots at 10,857, 11,000 and 10,938, and annual and semiannual riskylevels at 11,235 and 11,296. My annual risky level at 11,235 was tested at the April 26 th high of 11,258.01.
Courtesy of Thomson / Reuters
8/8/2019 Gold, Crude Oil, the Euro and the Dow are Overbought
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That’s today’s Four in Four. Have a great day.
Richard Suttmeier
Chief Market StrategistValuEngine.com(800) 381-5576
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