chart, page-39

Chart thread humble no need for FA dribble here

The text that goes with the chart from Twigg's:

"The CRB Commodities index is headed for a test of the 2010 low of 250. A 63-day Twiggs Momentum peak below zero warns of a strong primary down-trend. Divergence from the S&P 500 index warns that stocks are likely to fall, following commodities down — at least to their 2011 lows."

Note the strong down trend comments for commodities

CK