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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Secret_Agent_Man who wrote (50492)5/12/2000 9:45:00 AM
From: pater tenebrarum  Read Replies (1) of 99985
 
let me add...the CRB index is right at trend line resistance (basis daily chart). should it break through, i would expect the uptrend in commodity prices to accelerate. with the dollar index at what looks like the final stages of a parabolic blow-off this scenario gains some credence. as a long term chart of the CRB reveals, it is close to challenging long term resistance:

csf.colorado.edu

regards,

hb
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