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Sunday night when you heard the news about Bin Laden, did you think we would see Silver and Commodities have the kind of week they have had?
Odds favor that much of the action this week in the Commodities had to the set up in the chart below, published on 4/25. (see post here)
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In that post I suggested that this setup, CRB peak and Dollar support, was a set up/situation that was suggesting that investors should be ready to make some MAJOR portfolio adjustments.
Game Plan….The top chart, Euro/Yen break of support and the Bullish Dollar falling wedge (see post here), suggests we have a two-thirds chance of seeing much more of what we have seen this week! Keep your neck brace on!!!