Last Thursday the CRB printed a bearish reversal on the 200 MA breach.
A swing high formed off the Thursday reversal. A trend line break would have signaled a daily cycle decline. Instead the CRB printed another reversal as it bounced off the daily cycle trend line on Monday. That set up the clear and convincing close above the 200 MA on Tuesday. If the CRB was still in a bearish mode, it should have been turned back by the 200 MA that late in the daily cycle. This is a very bullish development for the commodity complex.
Cycle Trading 
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