CRB 50 Years Weekly
Further to North’s Post
This chart says the CRB has just overcome some heavy resistance
Unbalanced Double Bottom is a good potential..The potential channel is building as well
Of course it could also be a garden variety bear Flag…If so we are SO Screwed !
Nothing goes down forever…does it ?
Some of the Commodity ETFs and Stocks are breaking out…. SLX RIO BHP etc.
However Gold vs Commodities may be on the cusp of a bear market now. This would not help PM Miners.
Always interesting. 🙂