Daily Chart Analysis of The Big Three: E-Mini, Gold, Crude Oil

I'm not talking about Ford, General Motors and Chrysler, but the commodity contract giants:  the S&P 500, Gold, and Crude Oil.   

As we begin 2015, there are plenty of opinions on this year's potential stock index futures  returns. The median forecast is for around a 15% gain this year. Well let's technically analyze this market on a daily basis and come up with an objective strategy!
The following is an update of the current technical condition for the big three.

Daily March E-Mini Futures

 
Gold futures have broken out to a five month high. From a technical point of view there appears to be more left on the upside.

Daily April Gold Futures 

It seems that almost every day the headlines read Crude Oil down another 5%. Futures are down a whopping 52% from the June highs.  Every talking head on this planet is plastering the headlines with downside predictions....$40, $30, $20, $10....Do I see $5 anyone? It appears that the lower prices go for crude the more bearish analysts become. Keep in mind that as a general rule commentary follows price. Forget all that nonsense and let's use some common sense!  Below we have a monthly chart of Crude Oil prices.

Daily March Crude Oil Futures

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