Tag Archives: CRB Index

Week in Review

Key Points All major equity indices x/Mexico below 200-day s.m.a.; U.S. Treasuries have best week of 2012; Yen has best week of the year; Crude oil has worst week of 2012; Wheat has worst week this year; CRB Index has … Continue reading

Posted in Week in Review | Tagged , , , , , , , | 1 Comment

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 … Continue reading

Posted in Commodities, Crude Oil, Technical Analysis | Tagged , , | 1 Comment

Support of the Masses

Just a quick little chart for the weekend to show how the major indices are at or near key support levels.   Here we have the CRB Index breaking short-term support yesterday and just barely closing through its 200-day moving average.   … Continue reading

Posted in Charts, Commodities, Equities | Tagged , , | Leave a comment

Week in Review: The Power of Zero To Be Tested?

The S&P500 and Dow Jones Industrials suffered their worst weekly loss of the year, both down 2.3 percent.  The U.S. and European equity indices had bearish outside moves and all major global equity indices we track closed the week below … Continue reading

Posted in Week in Review | Tagged , , , , , | 2 Comments