Stagflation. Everything is ATH, this commodity index isn't.
Commodities have been very strong this week and if the day rolls over at this high I think it will breakout.
We also just crossed green on MACD. [Though the past few weeks people have been trading against the MACD]...
If we break out target maybe 105 [May 2015 high] before we see more pushback.
Commodities have been very strong this week and if the day rolls over at this high I think it will breakout.
We also just crossed green on MACD. [Though the past few weeks people have been trading against the MACD]...
If we break out target maybe 105 [May 2015 high] before we see more pushback.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.