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The 30-year CRB chart reflects a couple of key channels have formed over the past 30 years. A key bounce in the CRB index took place at line (A) at (1) after the CRB index declined 20% back in 2006.
Now the CRB index is testing line (A) again at (2) right now, after a 20% bounce. As we close out another year, what the CRB index does at (2) should tell us a ton how the new year will start to take shape on a global basis!
