Commodity Index - At Least The WMA Remains Bullish For Now

Posted on So 28 Dezember 2008 in misc • 1 min read

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.

CRB, 12/26/2008

It sure gives me the heebee jeebees seeing almost everything crashing out there.