Courtesy of Doug Short.
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Are you old enough to remember the game show “To Tell the Truth?” The show would have three people on a panel, one would be telling the truth about themselves and two would not be.
The chart below is one I shared with Premium Members yesterday, reflecting that the CRB index and the US Dollar were both facing key resistance at the same time. One of these charts is “not telling the truth!”
One of these charts will break resistance, and the impact of the resistance break will be verylarge and important for the construction of portfolios. Resistance cannot hold for both.
A CRB breakout/Dollar breakdown could be the piece to the puzzle to put a little spark to these boring markets!
(c) Kimble Charting Solutions
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