here's aleading indicator for your enjoyment ..
anyone that watches the SPI or other index instruments.
I have overlayed the Reuters Jeffries CRB index for world commodities ..as we aree heavely related as a commodities based index.You can do it yourself just be carefull of the dates because of the US trading day dates because of the dateline this of course helps it to be a leading indicator.
With the holiday it takes a little ajustment again and this chart would be for today .
here's a link to the CRB figures if you would like to do the overlay on your own charts.
http://quote.barchart.com/quote.asp?sym=$CRB
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Last
8,704.6 |
Change
6.900(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,697.7 | 8,704.6 | 8,643.5 |
| XJO (ASX) Chart |