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CRBQ Index: Commodities Can Turn Up in 2016

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    CRBQ Index is important market for tracking overall direction on commodities. What we see on the weekly chart below is a five wave of decline within wave C which means that current weakness can be coming to an end. Ideally market will turn up in 2016, but it can be from here or from around 25,00. This suggests that grains, as well as oil and even gold can turn up as well next year. CRBQ Index, Weekly

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