Short term view - CRB Index : Prices are breaking below the moving average, it is a sign of weakness.
The support has been broken, the trend becomes negative as we now have a succession of descending peaks and troughs.The next target is at 186.736 pts. The invalidation level is above 196.500 pts.Arguments :
- Prices are breaking below the moving average, it is a sign of weakness.
- The measuring gap, opened in the middle of the fall, reinforces the bearish trend.
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