19.08.2014 - Commodities: Time To Catch A Falling Knife?
The PowerShares DB Commodity Index has been a little soft over the past seven weeks, losing around 7% in price (-2% YTD) while the S&P 500 has been flat. The top chart is the TR Continuous Index, which finds itself testing dual support -- one of which is a 14-year rising support line. This index has been soft for the past four years while the stock market has continued to rally. In the big picture, what happens here could be very important for commodities' overall direction in the months to come...............................................Full Article: Source
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