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Thread: CRB

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  1. Post #1

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    Founder Au-myn's Avatar
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    Default CRB

    This P & F chart on the CRB is a 5x3 scale chart.

    A buy signal was recently issued at 320 on a #2 Double Bottom formation. This particular pattern usually is associated with market bottoms.

    Note that when the BS occurred it penetrated the bearish resistance line, hence turning the index from bearish to bullish. The ascending trend channel is extremely wide, allowing for a large up move.
    Attached Thumbnails Attached Thumbnails crb 2.jpg  

  2. The Following 2 Users Say Thank You to Au-myn For This Useful Post:

    budfox (02-29-2012), Curtman (02-29-2012)

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