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INFLATION!?!
Find out what the Bridge / CRB
(Commodity Research Bureau) Index;
a long standing
inflationary indicator says!
...but in the meantime, if you'd like
information on the
Bridge
/ CRB (Commodity Research Bureau) Index Futures & Options,
just e-mail us at:
CRBIndex@chartpatterns.com
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Last updated on Sunday, June 18, 2000
BRIDGE / COMMODITY RESEARCH BUREAU (CRB) INDEX |
Nearest Future Chart (August '00) Daily |
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The Bridge / CRB Index broke out of a nice ascending triangle in an uptrend a little over a month and a half or so ago. Then it broke out of a bull pennant. It recently formed a bull flag in an uptrend, however, it has been unable to break out to the upside. A move through the top of the flag and up through the horizontal red hashed line would be bullish, but its current reading suggests a bit more downside. Watch this market though. It's a great barometer for what commodity prices are doing in general. (It has long been used as a general inflationary indicator.) (To learn more about the CRB Index, just e-mail us at: CRBIndex@chartpatterns.com.) |