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Was 2010 Commodity a Rally in a Bear Market ?
Posted By Barry Ritholtz On January 5, 2011 @ 12:00 pm In Commodities,Technical Analysis | Comments Disabled
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?
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URL to article: http://www.ritholtz.com/blog/2011/01/was-2010-commodity-a-rally-in-a-bear-market/
URLs in this post:
 Chris Kimble: http://blog.kimblechartingsolutions.com/
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