December 28, 2008
Commodity Index – At Least The WMA Remains Bullish For Now
Despite the selloff of nearly everything, the CRB index’s 50 WMA is still above its 200 WMA. The 50/200 DMA isn’t and it looks like its not bottoming out anytime so this great index is likely to follow in the footsteps of many other indices soon.
It sure gives me the heebee jeebees seeing almost everything crashing out there.
