The CRB Now Confirms a Bull Market in Commodities

May 29th, 2009 § 0

The CRB Index has broken to a multi-week high. The bull market in commodities has “officially” begun. Why do we get a feeling that this cycle could eclipse the last one dramatically! We have spoken on a number of occasions before in TheDailyTradingReport regarding the up-turn in commodities. From the graphs below we could easily see the CRB back at 325 within the coming weeks……all the drivers are supportive of such a move. Our preferred instrument to gain exposure to commodities is via the ETF “DBC“.

 

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