METALS: 08/20/09 Higher closes on Wednesday for gold,silverand platinum while lower for copper. All of the metals continue to be in uptrends overall but are now toppy andnot too far from potentialsell signals.Copper and gold had strong rallies off their lows ending up near their highs on the other hand.
ENERGIES: 08/20/09 EIA Gas Storage report released today:, Higher to sharply higher closes yesterday for crude and heating oilalongwith the rboband natural gas. Theenergies are still in long term uptrends with the exception of the gas but are toppy with only a weak sell signal for the rbob so far. Also, crude, heat and the rbob are now in resistance areas whilenatural gas made anothernew contract low but settled higher this time in reversal type action.Buy Signal for Heating Oil; but Sell Signal for the RBOB.