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Wednesday, 3 January 2018

Reuters-Jefferies CRB Index, Commodities and Commodity Stocks: 3 January 2018, Wednesday, 9.17am Singapore Time

Reuters-Jefferies CRB Index, Commodities and Commodity Stocks Chart 1: 
3 January 2018, Wednesday, 9.17am Singapore Time
(Click on Technical Chart above to Enlarge)

Attached is the important technicals of Reuters-Jefferies CRB Index for Commodities and Commodity Stocks. The red circled regions are my live fore-warnings back in 2013, 2014 and 2015 warning before price actions get executed that commodities and commodity stocks all over the world will crash and go into their respective commodity sector's winter back in 2013, 2014 and 2015. I also forewarned back in 2013 that Emerging Markets' Equities will cause investors and traders to bleed from 2013-2015 in my live fore-warnings because the primary industries in the lower chain will affect EM economies. All per happened soon after my warnings. With precision, I also forewarned at the start of 2016 that markets will suddenly reverse big time upwards from 1H-2016 on, a time when most people will again and again be caught on the wrong footing just like they did in 2013-2015.

The 3 green regions are my live warnings, forewarning back in 1H-2016, 2H-2016 and 1H-2017 that we will see a big time buying opportunity in commodity stocks and commodities on the cheap. Steel and steel stocks in particular would be the leader for commodities during my analyses back in 2016 and 2017. They indeed became the leader. The rest of the commodities such as grains, raw materials, plantations, etc will all follow suit to rally big. Commodity stocks and plantation stocks are a must-buy now. Crude oil and crude oil related stocks will continue to rally. Gold will rally.

Reuters-Jefferies CRB Index, Commodities and Commodity Stocks Chart 1: 
3 January 2018, Wednesday, 9.17am Singapore Time
(Click on Technical Chart above to Enlarge)

The above Reuters-Jefferies CRB Index, Commodities and Commodity Stocks Chart 2 shows what the commodities, commodity currencies and commodity stocks had generally been doing over the past half year. Amidst the backdrop of large scale bottoming, the short term and mid term has already seen commodities as a whole making plenty of secret supports now (see chart above). The commodity sector has also merely used neutrality in RSI just to test supports and not using oversold to test supports. This is secretly bullish in nature. The recent back-test in GREEN making the 200 days Moving Average Resistance becoming the newfound 200 days M.A LONG TERM SUPPORT had involved the use of oversold-RSI while making the low a much higher low. This is all part of a change to big bullish trend. 2018 and beyond is commodities' year as they switch from winter to new spring. 

In addition, if the lowest chain of an international economy switches to spring, it also means spring turning into hot summer rallies for stock markets all over the world (summer being equated to hot rallies).

DNA Technical Outlook: 
BULLISH.
Happy New Year 2018 to all.


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