• All the movement on the charts is the equation balancing out itself, amidst real demand/ supply issues, speculation and macro-conditions.

You can clearly see on the long-term chart, Dow is bullish.




Note that Dollar has actually double bottomed and is steadily climbing upwards. For USD/SGD. As SGD is strong, I tend to view USD/SGD as stable to bearish.






Gold is steadily declining and showing signs of bottoming out.





Crude is in range-bound mode on a long-term uptrend. Watch what happens after the US Presidential elections.




Sugar has rebounded nicely but might have hit a peak. If the weather/ corn/ ethanol issue doesn’t subside, expect Sugar to break new highs. There is also a strong correlation to Crude.