CRB Commodity Index Topping?
Telah dikemas kini
CRB is coming into major resistance area and likely to reverse in the near future.
Implications beyond the obvious commodities are
Stronger dollar
Lower 10 Year Yield
A Solid breakout from the long term downward channel, would require a high base reversal Bull flag of sorts.
Build some kind of pressure followed by a breakout.
FYI I am not in the inflation camp.
Implications beyond the obvious commodities are
Stronger dollar
Lower 10 Year Yield
A Solid breakout from the long term downward channel, would require a high base reversal Bull flag of sorts.
Build some kind of pressure followed by a breakout.
FYI I am not in the inflation camp.
Nota
We are seeing the resistance at this key area. How fast rates rise will be key in the days and weeks ahead.Nota
Commodities still struggling at long-term resisitacnce. 10-year rates have started to break down.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.