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.