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Commodities

CRB : Be careful of the commodities

CRB is showing weakness on the charts.

2009apr-crb-commodity-research-bureau-800x600 At this moment, it has fell back into the kumo after a huge drop.

Not a good sign.

The Tenkan sen is also turning downwards. With both the price level inside a kumo and a downward Tenkan sen, we may see it pierce below 215.

Watch out for the BEARISH crossover and the support level of 215.

By iam802

Trend trading with Ichimoku