Benchmarks : Weekly Update

• Bad trading week.
• USDX : Pause in down move. But still down.
• US10YY : Remained within the triangle. The wait continues.
• S&P500 :Negative price action for the week. May see more downwards pressure next week.
• Gold : Finally, some semblance of a reversal in the relentless selloff (Egypt assisted). Need to see support holding into more downside tests before we can say with some confidence that the bottom is in place. Too early now.