Today's interesting charts
Comment of the Day

August 16 2010

Commentary by Eoin Treacy

Today's interesting charts

Eoin Treacy's view Use the 'Send to a friend' link shown in the charcoal bar above each graph to forward customised charts with your comments to other investors.


Gold - continues to rally, having found support in the region of the 200-day MA near $1150. A sustained move below that level would be required to question medium-term scope for further upside.

Wheat - breaks downwards from the short-term range to retest the psychological 700¢ level. A countermanding upward dynamic is now required to question scope for some additional downside.

UK 10yr yield - accelerating lower over the last month and is now quite overextended as it tests the 2009 lows near 3%. The first clear upward dynamic is likely to mark a low of at least short-term significance and probably a reversionary rally towards the mean, defined by the 200-day MA.

Malaysia - breaking upwards from the most recent small range. A sustained move below the 200-day MA, would be required to question medium-term upside potential.

Vietnam - bouncing, having found at least short-term support in the region of December low near 425. A sustained move below 440 would be needed to question potential for a further rally towards the 200-day MA.

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