Weekly Markets Update 2.26.16

 

Week’s BEST Performer:  WTI Crude Oil +6.3&

Week’s WORST Performer: Gold -0.4%

Gold is continuing to outperform Lumber in the rolling 13-week relative performance. Despite the weekly gains and some bullish sentiment returning to the markets, the S&P 500 is currently in its lower-tier (200-point trading range) between 1,800-2,000, and is forming a very bearish “head and shoulders” pattern.

Markets_2.26.2016

LG 13 Week Perf_2.26.2016

S&P 500_2.26.2016

Leave a Reply

%d bloggers like this: