As #Oil collapses, it's taking the #Loonie down

“Black gold” is now testing the 50% Fibonacci retracement of its entire
Q2 rally at 52.30, but if that level gives way, a continuation down
toward the 61.8% retracement near the psychologically-significant $50
level could be next.



MasterMetals: #Dollar/ #Loonie may have a date with six-year hig...:   Dollar/Loonie may have a date with six-year high as crude’s collapse continues          Global traders remain hyper-focused on the ...

#Silver has now Crossed the 100 & 200-day moving average on the way to US$ 20/oz

 

Silver has now crossed the 100 and 200-day moving average and the next target would be the 400-day moving average around US$ 20 per ounce. The Point&Figure chart above shows a triangle formation just about breaking out on the upside.

 

Chinese stock market (H - Hongkong shares) - Ready to leave a more than 3-year sideways pattern on the upside

Chinese stocks are still lagging behind other major economies

 Source: Short Side of Long