Wednesday, December 8, 2010

The CRB and DJIA Put in a Bearish Double Top Yesterday 12-7-10


The CRB and DJIA Put in a (both nearly perfect) Bearish Double Top Yesterday 12-7-10, with their November 2010 cycle highs, see CRB at http://stockcharts.com/charts/gallery.html?s=$crb, and, see the DJIA at http://stockcharts.com/charts/gallery.html?s=$indu.

The DJIA peaked on 11-5-10, and, it might/appears to be the Major Upcycle since March 2009 putting in a final Major Cycle High. The CRB peaked yesterday 12-7-10, and, it might/appears to be the Major Upcycle since February or March 2009 putting in a final Major Cycle High.

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