Just the facts….Commodities have had a rough few years!
Below takes a look a the Thompson Reuters Commodities index from 1984 to current, with Commodity Sentiment from Sentiment Trader.com applied.
The decline over the past 4-years has taken this commodity index down to a support line that has been …
Commodities have had a rough go of it the past 4-years, declining almost 40%. The above charts look at the Thompson Reuters Commodity Index since the 1980’s.
The left chart is based upon “monthly closing prices,” reflecting that a neckline support test is at hand at (1).
The right chart …