[1]The surge in the USDollar and "good" housing data has created carnage in commodities. Silver, crude, copper, and gold are all getting hammered this morning as the S&P is unchanged as moar Q€ was trumped by hawkish "good" data...
[4]
Crude in particular has broken convincingly below the $59.50 support level...
[5]
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11312
[3] http://www.zerohedge.com/taxonomy_vtn/term/10861
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05/20150519_commodities.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05/20150519_commodities1.jpg
