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I still think bulls are in charge here although they have to look hard to find supportive news. Nevertheless, we’re still in a trading range until we’re not--it’s that simple.

One thing appears obvious from the charts: you must be in the right sector at all times.

Have a pleasant day.

Disclaimer: Among other issues the ETF Digest maintains long or short positions in UDN, FXY, USO and SLX.

David Fry

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This article has 3 comments! Add yours below...

This article has 3 comments:

  • UpNAmpd
    Apr 11 07:39 AM
    Brilliant brevity!
  • User 131014
    Apr 11 12:16 PM
    Thanks David. I look forward to reading this everyday.
  • Football Geek
    Apr 12 11:54 AM
    Anyone who wants to read about potash, and in general the boom in
    commodities, there is a very good article in Saturdays edition of the
    Globe and Mail.
    globeinvestor.com
    The title is "a lot more than wheat"
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