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TFC Commodity Trading Forum

Re: 'The Big Noise' - Commodities *PIC*


As outlined above, the play in commodities has become rather loud and eligible for correction. Within this set back is that our Forecaster is indicating a cyclical high followed by a recession bear market.

Today's weakness includes base metals, grains, meats and energy prices.

Yesterday, the CRB set an outside reversal to the downside and the decline continues today with a 1% loss. Taking out 320 will technically set the downtrend.

(Continued on next post)

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Re: 'The Big Noise' - Commodities *PIC*