CLICK ON CHART TO ENLARGE Gold & Silver pushed below support recently and now Copper is working on a similar breakdown. In the past Copper weakness was a message of a global slowdown and a sign that “Deflation” was taking place. The Power of the Pattern suggested in the chart below (published 5 weeks ago) [...]
CLICK ON CHART TO ENLARGE The MS CRX Index (CRX) and the Commodity Reserach Bureau Index (CRB) sent quality messages to protect risk asset values and that the global economy was going to soften some back in 2008 and 2010, when they broke below rising key rising support lines (1) and (2) in the above [...]
The “Power of the Pattern” has been suggesting for months that their will be very few places to hide (a very short list) when it comes to portfolio construction. Why? The CRX Commodity index broke multi-year support back in May, suggesting that lowering exposure to risk assets was the key. In September an update to the [...]
On 10/18 the chart below reflected that in 2008 a Dollar breakout and aCRX (Commodity) breakdown led to a 50% decline in commodities in a matter of months and the patterns of late look almost identical to the 2008 patterns! (see post here) CLICK ON CHART TO ENLARGE Below is an update to the above chart with the [...]
I shared the chart below with premium members on 9/8. The chart below is the guiding light to how we are constructing portfolios. I wanted you to see this, because this situation represents a huge opportunity if positioned correctly or is going to be very painful for investors on the wrong side of this Dollar breakout/CRX breakdown! [...]
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