Wednesday, February 1, 2012

Charts of a wild market

CRB was down today at the same time as equities were up. Additionally, the Russell hit a good extension off the moves off the lows of last year in aswell as a significant trendline off the rally from 2009 lows. Nasdaq 100 is also running into resistance and all of this action was not confirmed by the VIX which did not get anywhere making new lows. Meanwhile the DAX is at the convergence of resistance after filling its gap.
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