by Chris Kimble | Jun 16, 2020 | Kimble Charting
After peaking in 2011, TR Equal Weighted Commodities index has traded in a tight declining trend channel. The falling trend channel is marked by each (1). As you can see, price recently fell through the support line at (2), leading to lower lows before the recent...
by Chris Kimble | Feb 19, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart above highlights that the Thomson Reuters Equal Weighted Commodity Index has spent the majority of the past 20-years inside of rising channel (1), reflecting that its long-term trend is up. Over the past 7-years, this index has...
by Chris Kimble | Sep 20, 2016 | Kimble Charting
Important Kisses were taking place in the picture above, as some wondered if they would see loved ones again. Below looks at the Thompson/Reuters Commodity index over the past 60-years and how an “important kiss of resistance” might have taken place. CLICK...
by Chris Kimble | Sep 15, 2015 | Kimble Charting
Will the Fed raise rates or not? The media is spewing speculation almost by the minute, about what the Fed will do in regards to interest rates. Is the Fed seeing things that would suggest they need to raise rates? We all are aware the Fed looks at tons of indicators....
by Chris Kimble | Aug 11, 2015 | Kimble Charting, Sector / Commodity
CLICK ON CHART TO ENLARGE Barron’s has been bullish equities for a good while and they have been on track with this call! Now they are suggesting to “Buy Commodities.” Are they on track again? The chart above looks at the Thompson/Reuters Commodity...
by Chris Kimble | May 15, 2015 | Kimble Charting
Just the facts….Commodities have had a rough few years! Below takes a look a the Thompson Reuters Commodities index from 1984 to current, with Commodity Sentiment from Sentiment Trader.com applied. CLICK ON CHART TO ENLARGE The decline over the past...
by Chris Kimble | Feb 13, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE The large decline in Crude Oil and some other leading commodities of late has caused many to wonder if the world is entering into a period of “deflation.” The above chart takes a look at the Thompson Reuters Commodity Index, over...
by Chris Kimble | Jan 23, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE The TR Commodity Index has been in a fairly well defined rising channel over the past half century. After a solid rally that lasted around a decade (1972-1983), the index then peaked and fell for the next 20-years. The index then...
