Wednesday, November 2, 2011

It could be "risk off" for commodities all over again

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Commodity Index (CRB) continues to create a series of lower highs inside of a multi-month falling channel. The month of October looks to have been a counter trend rally inside of falling channel at (2). This pattern has been suggesting to get out of or reduce Commodity holdings since the break of support back in May. (CRB Quote here)

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