Commodities Testing Key Support

The CRB Index looks ready to break a key support level which has held twice at around 293.  The index is heavily weighted with crude oil, which experienced an ugly reversal and was down over 6 percent last week.

(click here if chart is not observable)

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This entry was posted in Commodities, Crude Oil, Technical Analysis and tagged , , . Bookmark the permalink.

One Response to Commodities Testing Key Support

  1. Pingback: Goldbugs! | | Independent Stock AnalysisIndependent Stock Analysis

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