InvesTech - Chart of the Week - 06/28/10
Charts courtesy of James Stack InvesTech Research

Crude oil prices moved up slightly last week, but remain within our $60-$85 target zone. Over coming months, the direction of crude prices will continue to be impacted by the pace of the global economic growth. Stay tuned for updates.
.

The dollar is continuing to remain firm, which benefits the U.S. economy and does not force the Federal Reserve to tighten monetary policy sooner than they otherwise might. We’ll continue to watch this key economic indicator closely in the months ahead.


