Was 2010 Commodity a Rally in a Bear Market ?

Chris Kimble writes:

The CRB index had a huge rally from 2002 to 2008, followed by an decline over 50%.

The 2009/10 rally took the CRB index back to its “50% Retracement level” as well as two key resistance levels, at the same time.

Is a “Head & Shoulders” pattern at hand as well?

>

Was 2010 a rally in a bear market for commodities

click for ginormous chart

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under

Uncategorized