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<title>Minyanville - Rod David RSS</title>
<description>
The Trusted Choice for the Wall Street Voice
</description>
<link>
		http://www.minyanville.com</link>
<copyright>
		2013Minyanville Publishing and Multimedia, LLC. All Rights Reserved
</copyright>
		<item>
<title><![CDATA[Third Time's Not So Charming for Gold]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Third-Time2527s-Not-So-Charming-for/5/17/2013/id/49891</link>
<pubDate>
			Fri, 17 May 2013 15:33:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Third-Time2527s-Not-So-Charming-for/5/17/2013/id/49891</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's third consecutive double-digit plunge, on a Friday, all but invalidates the corrective dip scenario.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Room to probe above the 84.20 target to 84.45 was exploited Friday by gapping up, extending to fresh highs and then ranging narrowly. Holding 83.95 as support would allow the rally to next target 85.30.
	
	Eurodollar
	Jun ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's third consecutive double-digit plunge, on a Friday, all but invalidates the corrective dip scenario.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Room to probe above the 84.20 target to 84.45 was exploited Friday by gapping up, extending to fresh highs and then ranging narrowly. Holding 83.95 as support would allow the rally to next target 85.30.
	
	Eurodollar
	Jun ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Gold's Drop Extended the Week-Long Correction]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Gold2527s-Drop-Extended-the-Week-Long/5/16/2013/id/49844</link>
<pubDate>
			Thu, 16 May 2013 14:55:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Gold2527s-Drop-Extended-the-Week-Long/5/16/2013/id/49844</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's second consecutive double-digit plunge extended the week-long correction -- that is, if it's still only a correction. Not rallying into the weekend would be likely instead to extend the dive into next week.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Tuesday's test of the 84.20 target continued reacting down Wednesday to test its 83.60 pullback limit. Closing any ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's second consecutive double-digit plunge extended the week-long correction -- that is, if it's still only a correction. Not rallying into the weekend would be likely instead to extend the dive into next week.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Tuesday's test of the 84.20 target continued reacting down Wednesday to test its 83.60 pullback limit. Closing any ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Gold's Double-Digit Plunge Finally Meets Correction's Target]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Gold2527s-Double-Digit-Plunge-Finally-Meets/5/15/2013/id/49820</link>
<pubDate>
			Wed, 15 May 2013 15:20:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Gold2527s-Double-Digit-Plunge-Finally-Meets/5/15/2013/id/49820</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Wednesday's double-digit gold plunge finally met the correction's target. The Dollar Index's fresh highs simultaneously tested resistance. Their trends should reverse direction by midday Thursday, unless the trends intend to extend much further.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	The next higher target at 84.20 was touched very early Wednesday, and held. Back under 83.60 would signal the ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Wednesday's double-digit gold plunge finally met the correction's target. The Dollar Index's fresh highs simultaneously tested resistance. Their trends should reverse direction by midday Thursday, unless the trends intend to extend much further.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	The next higher target at 84.20 was touched very early Wednesday, and held. Back under 83.60 would signal the ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Gold's Recent Pause May Be the Calm Before the Next Storm]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/5/14/2013/id/49795</link>
<pubDate>
			Tue, 14 May 2013 14:56:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/5/14/2013/id/49795</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Is gold ready to complete its corrective drop? It continued chipping away at support for a third consecutive session Tuesday, while the US Dollar Index firmed to fresh highs.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Having held its pullback limit Monday, the recovery firmed Tuesday to fresh highs attacking 83.75. So long as 83.50 holds as support, the ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Is gold ready to complete its corrective drop? It continued chipping away at support for a third consecutive session Tuesday, while the US Dollar Index firmed to fresh highs.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Having held its pullback limit Monday, the recovery firmed Tuesday to fresh highs attacking 83.75. So long as 83.50 holds as support, the ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Is the 30-Year Treasury About to Bounce?  ]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/5/13/2013/id/49765</link>
<pubDate>
			Mon, 13 May 2013 15:00:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/5/13/2013/id/49765</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Despite probing a fresh low Monday, the long bond's decline lost a lot of momentum. Not extending the decline Tuesday would suggest at least a corrective bounce is beginning.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Monday's sideways ranging did not threaten its 82.70 pullback limit, keeping the rally's momentum intact.
	
	Eurodollar
	Jun Contract EC; (NYSEARCA:FXE)
	The decline's 1.3105 ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Despite probing a fresh low Monday, the long bond's decline lost a lot of momentum. Not extending the decline Tuesday would suggest at least a corrective bounce is beginning.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Monday's sideways ranging did not threaten its 82.70 pullback limit, keeping the rally's momentum intact.
	
	Eurodollar
	Jun Contract EC; (NYSEARCA:FXE)
	The decline's 1.3105 ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Today's Big Bond Drop Cleans Out Many Sellers]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Today2527s-Big-Bond-Drop-Cleaned-Out/5/10/2013/id/49743</link>
<pubDate>
			Fri, 10 May 2013 15:05:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Today2527s-Big-Bond-Drop-Cleaned-Out/5/10/2013/id/49743</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: The long bond had indeed ended a corrective bounce Thursday, plunging to new relative lows at Friday's open, and extending lower. The intraday lows held a test of the decline's target, so the decline must close lower Monday to avoid bottoming.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Fulfilling the bounce's 82.80 target did not slow the rally, which ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: The long bond had indeed ended a corrective bounce Thursday, plunging to new relative lows at Friday's open, and extending lower. The intraday lows held a test of the decline's target, so the decline must close lower Monday to avoid bottoming.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Fulfilling the bounce's 82.80 target did not slow the rally, which ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Has the Long Bond Ended a Corrective Bounce?]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Has-the-Long-Bond-Ended-a/5/9/2013/id/49692</link>
<pubDate>
			Thu, 9 May 2013 15:56:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Has-the-Long-Bond-Ended-a/5/9/2013/id/49692</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Did the long bond's bounce into Thursday's auction trap all available longs? Not if Thursday's high is exceeded into the weekend.

	
	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	82.15 was recovered very quickly Thursday morning, on the way to 82.40, whose recovery would reinstate momentum targeting 82.80.
	
	Eurodollar 
	Jun Contract EC; (NYSEARCA:FXE)
	Thursday's gap down back under 1.3150 extended ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Did the long bond's bounce into Thursday's auction trap all available longs? Not if Thursday's high is exceeded into the weekend.

	
	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	82.15 was recovered very quickly Thursday morning, on the way to 82.40, whose recovery would reinstate momentum targeting 82.80.
	
	Eurodollar 
	Jun Contract EC; (NYSEARCA:FXE)
	Thursday's gap down back under 1.3150 extended ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Gold May Have Begun a Brief Correction]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Gold-May-Have-Begun-a-Brief/5/7/2013/id/49665</link>
<pubDate>
			Tue, 7 May 2013 15:12:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Gold-May-Have-Begun-a-Brief/5/7/2013/id/49665</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's drop Tuesday managed to hold just above last week's low. That's a lot of optimism for being down by double-digits. And that's typically not the stuff of bottoms. Even if only to conclude a corrective dip, fresh lows are likely.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Tuesday's gap down held the 82.15 whose test Friday had maintained ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's drop Tuesday managed to hold just above last week's low. That's a lot of optimism for being down by double-digits. And that's typically not the stuff of bottoms. Even if only to conclude a corrective dip, fresh lows are likely.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Tuesday's gap down held the 82.15 whose test Friday had maintained ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Another Eerily Calm Session for Crude Oil at Its Highs]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Another-Eerily-Calm-Session-for-Crude/5/6/2013/id/49635</link>
<pubDate>
			Mon, 6 May 2013 14:55:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Another-Eerily-Calm-Session-for-Crude/5/6/2013/id/49635</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Despite rejecting fresh highs overnight, crude oil never attracted bearish sponsorship Monday, keeping alive potential for extending the rally.

	
	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Friday's late dip held the 82.15 pullback limit, but Monday's firming barely qualified as resuming the recovery attempt targeting 82.80.
	
	Eurodollar
	Jun Contract EC; (NYSEARCA:FXE)
	Holding the 1.3105 bounce limit Friday allowed Monday ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Despite rejecting fresh highs overnight, crude oil never attracted bearish sponsorship Monday, keeping alive potential for extending the rally.

	
	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Friday's late dip held the 82.15 pullback limit, but Monday's firming barely qualified as resuming the recovery attempt targeting 82.80.
	
	Eurodollar
	Jun Contract EC; (NYSEARCA:FXE)
	Holding the 1.3105 bounce limit Friday allowed Monday ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Long Bond Plunges in Reaction to Today's NFP]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Long-Bond-Plunges-in-Reaction-to/5/3/2013/id/49608</link>
<pubDate>
			Fri, 3 May 2013 15:35:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Long-Bond-Plunges-in-Reaction-to/5/3/2013/id/49608</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: The long bond met a long-awaited target Wednesday, less than two days before plunging in reaction to Friday's Employment Situation Report. Either the bond is done and much lower lows lie ahead, or the week should begin with a sizable corrective bounce.

	
	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	It Improved momentarily to attack its 82.80 target up to ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: The long bond met a long-awaited target Wednesday, less than two days before plunging in reaction to Friday's Employment Situation Report. Either the bond is done and much lower lows lie ahead, or the week should begin with a sizable corrective bounce.

	
	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	It Improved momentarily to attack its 82.80 target up to ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[The Dollar Index's Rally Off Its Target Has Established a Low]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/The-Dollar-Index2527s-Rally-Off-Its/5/2/2013/id/49584</link>
<pubDate>
			Thu, 2 May 2013 15:10:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/The-Dollar-Index2527s-Rally-Off-Its/5/2/2013/id/49584</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: The US Dollar Index rallied sharply Thursday after Wednesday's low finally touched its long-awaited target.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Wednesday's early test of the 81.40 target had already satisfied long-standing selling pressure, facilitating a violent reaction up Thursday to test 82.40. The bounce could extend to 82.80 if 82.15 were to hold as support.
	
	Eurodollar
	Jun ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: The US Dollar Index rallied sharply Thursday after Wednesday's low finally touched its long-awaited target.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Wednesday's early test of the 81.40 target had already satisfied long-standing selling pressure, facilitating a violent reaction up Thursday to test 82.40. The bounce could extend to 82.80 if 82.15 were to hold as support.
	
	Eurodollar
	Jun ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Oddly, Gold and Dollar Both Down Today]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/5/1/2013/id/49566</link>
<pubDate>
			Wed, 1 May 2013 17:03:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/5/1/2013/id/49566</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold slid sharply Wednesday morning, which recent distributive patterns had warned of. Much more interesting is that the early slide was accompanied by a sharply lower Dollar Index that was fulfilling lower targets. Gold may be lagging behind the dollar, so its strength Thursday could help gold end its pullback soon.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Wednesday's ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold slid sharply Wednesday morning, which recent distributive patterns had warned of. Much more interesting is that the early slide was accompanied by a sharply lower Dollar Index that was fulfilling lower targets. Gold may be lagging behind the dollar, so its strength Thursday could help gold end its pullback soon.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Wednesday's ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Does Eerie Calm in Gold, Long Bond Portend a Volatile Move?]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Does-Eerie-Calm-in-Gold-Long/4/30/2013/id/49542</link>
<pubDate>
			Tue, 30 Apr 2013 16:46:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Does-Eerie-Calm-in-Gold-Long/4/30/2013/id/49542</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's and the long bond's narrow ranging have created an eerie sense of something volatile about to happen. The recent run-up in crude oil may be only coincidental. In any case, a knee-jerk reaction to news would get a benefit of the doubt, instead of just doubt.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Tuesday's drop to new lows ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's and the long bond's narrow ranging have created an eerie sense of something volatile about to happen. The recent run-up in crude oil may be only coincidental. In any case, a knee-jerk reaction to news would get a benefit of the doubt, instead of just doubt.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Tuesday's drop to new lows ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Are Commodities Ready for a Corrective Dip?]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Are-Commodities-Ready-for-a-Corrective/4/29/2013/id/49488</link>
<pubDate>
			Mon, 29 Apr 2013 14:37:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Are-Commodities-Ready-for-a-Corrective/4/29/2013/id/49488</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: It's probably too early for gold to extend its recovery, unless this has been only a temporary corrective bounce. That didn't stop it from trying, and crude oil seemed to come along prematurely for the ride. If a a corrective dip is coming anytime soon, then it should be obvious by no later than Wednesday's open.


	Dollar Basket
	Jun ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: It's probably too early for gold to extend its recovery, unless this has been only a temporary corrective bounce. That didn't stop it from trying, and crude oil seemed to come along prematurely for the ride. If a a corrective dip is coming anytime soon, then it should be obvious by no later than Wednesday's open.


	Dollar Basket
	Jun ]]>
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			</item>
			<item>
<title><![CDATA[Crude Oil and Precious Metals Fulfilled Bounce Targets Today]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Crude-Oil-and-Precious-Metals-Fulfilled/4/25/2013/id/49461</link>
<pubDate>
			Thu, 25 Apr 2013 15:07:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Crude-Oil-and-Precious-Metals-Fulfilled/4/25/2013/id/49461</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's minimum target was tested Thursday -- and exceeded. Silver didn't do too badly, either. A second consecutive higher close Friday would signal a much bigger bounce underway. Avoiding a much bigger bounce would require dropping deeply into the weekend.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Thursday's deep gap down to test 82.50 was retraced almost entirely back ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's minimum target was tested Thursday -- and exceeded. Silver didn't do too badly, either. A second consecutive higher close Friday would signal a much bigger bounce underway. Avoiding a much bigger bounce would require dropping deeply into the weekend.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Thursday's deep gap down to test 82.50 was retraced almost entirely back ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Is Crude Oil Attracting Much Stronger Buyers?]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Is-Crude-Oil-Attracting-Much-Stronger/4/24/2013/id/49440</link>
<pubDate>
			Wed, 24 Apr 2013 15:36:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Is-Crude-Oil-Attracting-Much-Stronger/4/24/2013/id/49440</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Crude oil's buyers were rewarded Wednesday for having absorbed two consecutive sessions of intraday dips. The reward was delivered so quickly that the pattern has greater potential for extending even higher.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	The rally through Tuesday needed to begin reversing down immediately if it were going to avoid extending much higher. Wednesday's narrow ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Crude oil's buyers were rewarded Wednesday for having absorbed two consecutive sessions of intraday dips. The reward was delivered so quickly that the pattern has greater potential for extending even higher.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	The rally through Tuesday needed to begin reversing down immediately if it were going to avoid extending much higher. Wednesday's narrow ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Back-to-Back Intraday Sell-Offs May Have Earned Crude Oil a Rally Leg]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Back-to-Back-Intraday-Sell-Offs/4/23/2013/id/49406</link>
<pubDate>
			Tue, 23 Apr 2013 17:08:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Back-to-Back-Intraday-Sell-Offs/4/23/2013/id/49406</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Crude oil's two consecutive deep intraday/overnight drops probably have earned at least an obligatory fresh high, presumably by a minimum $2 margin, if not much more.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Despite having retraced Monday's fresh highs back to the 82.80 bounce limit, Tuesday's open gapped up and ranged sideways around Monday's 83.05 high. Delaying the decline's ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Crude oil's two consecutive deep intraday/overnight drops probably have earned at least an obligatory fresh high, presumably by a minimum $2 margin, if not much more.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Despite having retraced Monday's fresh highs back to the 82.80 bounce limit, Tuesday's open gapped up and ranged sideways around Monday's 83.05 high. Delaying the decline's ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Gold Could Extend Rally, Move Sharply Higher, If It Doesn't Hesitate Tuesday]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/4/22/2013/id/49389</link>
<pubDate>
			Mon, 22 Apr 2013 15:25:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/gold-crude-commodities-currencies-euro-dollar/4/22/2013/id/49389</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's rally Sunday night made good on Friday's warning to bears. The 38.2% retracement back to Friday's lows keeps the door wide open to extending the rally sharply higher Tuesday.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Monday's probe of fresh highs up to 83.05 was reversed back down to test 82.80 and maintain the potential for resuming the ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's rally Sunday night made good on Friday's warning to bears. The 38.2% retracement back to Friday's lows keeps the door wide open to extending the rally sharply higher Tuesday.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Monday's probe of fresh highs up to 83.05 was reversed back down to test 82.80 and maintain the potential for resuming the ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Was Gold's Opening Surge Friday Morning a Glimpse of Things to Come?]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/currencies/articles/gold-crude-commodities-currencies-euro-dollar/4/19/2013/id/49357</link>
<pubDate>
			Fri, 19 Apr 2013 16:10:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/currencies/articles/gold-crude-commodities-currencies-euro-dollar/4/19/2013/id/49357</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's initial surge Friday morning was retraced entirely, but its pullback limit held. Almost any new attempt to rally Monday would suggest that Friday's "warning shot across the bow" meant business.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Friday's initial dips were recovered into positive territory, and the afternoon tested the 82.80 bounce limit that must hold in order ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Gold's initial surge Friday morning was retraced entirely, but its pullback limit held. Almost any new attempt to rally Monday would suggest that Friday's "warning shot across the bow" meant business.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	Friday's initial dips were recovered into positive territory, and the afternoon tested the 82.80 bounce limit that must hold in order ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Natural Gas Confirmed Its Breakout]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Natural-Gas-Confirmed-Its-Breakout-gold/4/18/2013/id/49332</link>
<pubDate>
			Thu, 18 Apr 2013 15:55:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Natural-Gas-Confirmed-Its-Breakout-gold/4/18/2013/id/49332</guid>
<description>
<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Thursday's natural gas surge fulfilled the two-day pivot reversal setup. Thanks to the tremendous intraday move, its target is only slightly higher. But also thanks to the tremendous intraday move, the pattern has potential to become a much more substantial rally.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	The 82.80 bounce limit held as resistance Thursday to maintain potential ]]>
</description>
<content:encoded>
	<![CDATA[The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract&#39;s current "front month." Their direction tends to correlate with any ETFs listed for each.

Today's Highlight: Thursday's natural gas surge fulfilled the two-day pivot reversal setup. Thanks to the tremendous intraday move, its target is only slightly higher. But also thanks to the tremendous intraday move, the pattern has potential to become a much more substantial rally.


	Dollar Basket
	Jun Contract DX; (NYSEARCA:UUP), (NYSEARCA:UDN)
	The 82.80 bounce limit held as resistance Thursday to maintain potential ]]>
</content:encoded>
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