Gold (GLD) is still in an up trend, currently holding its long signal, though it is not strong. Silver (SLV) is weak and choppy. Oil (USO, the oil trust) is our star -- in a strong up trend and currently holding its long signal. (USO can be a good way to trade oil, for those who do not want to hold futures overnight.) The current long signal triggered on 3/21 at $48.80. It is now short term overbought, and has bearish divergences on a few of the indicators we watch, including the CCI 6 (shown) -- a warning that it may be overdone.
