I just posted a $CRB chart, here is another one - commodities have come a long way since late Feb, and are due for a correction, but I wouldn't count on a long term downward move.
Also below is a $USD chart. The dollar is not even close to being oversold on this monthly chart.
Thank you for explaining your position. That I can respect. In my preparation for the newsletter I am writing this weekend, I have included a bullish chart interpretation of the US Dollar. It's something I will be watching and hopefully my subscribers will as well.
It's alright for me to be bullish on metals. But I must keep an eye to the rear at all times. My stops are very tight. I buy support and cringe at buying breakouts.
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