Long
CRBQ/USD
Ratio of CRB Global Commodity Index/US Dollar Index. Shows bullish RSI divergence in favor of commodities (metals, grains, etc.).
With USD at highest point since 2010 and sentiment showing high % of bulls in USD, commodities poised for a move higher here if/when USD retreats. TBD.
2FEB14: Note CRB heading higher vs. USD...bullish for commodities
With USD at highest point since 2010 and sentiment showing high % of bulls in USD, commodities poised for a move higher here if/when USD retreats. TBD.
2FEB14: Note CRB heading higher vs. USD...bullish for commodities
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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.