One of my favorite indicators for large cyclic trends has accurately forecasted every inflationary and deflationary cycle since it was created in 1957.
Watch my February 6th video on this indicator here.
You may want to watch this index carefully should you want to invest in certain stocks and commodity related markets. Over the last half-century, this index has seen some remarkable moves both on the downside and in the last few months on the upside. I believe that this is the indicator that everyone should watch. If you trade stocks or futures and are interested in world trade trends, this is the indicator to track.
Video link to new video and forecast on next page.
The tenth revision of this index renamed it the Reuters-Jefferies CRB Index (NYBOT_CR) You can easily track this indicator everyday using MarketClub. You can learn more about this index from our Trader's Blog.
Here is a list of the 19 markets that are included in the RJ/CRB index as implemented in the 2005 revision:
Metals: aluminum, copper, gold, nickel, silver
Energies: crude oil, heating oil, natural gas, unleaded gas
Grains: corn, soybeans, wheat
Food & Fiber: cocoa, coffee, cotton, orange juice, sugar
Livestock: lean hogs, live cattle
Take a few minutes to watch this short video and see how you can benefit from this indicator. There is no fee and there is no registration required.
The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.
All the best,
President, INO.com
Co-creator, MarketClub
Chris,
By using the Index itself you do not get a distorted picture. Look out in futures and you see different prices. By using the the actual index for timing you get a much better picture fewer signals and a better view of the trend.
All the best,
Adam
Thanks Adam thats very helpful. Just out of curosity is there a reason why the same underlying instrument (S&P) uses different timing depending on the instrument used to invest i.e. futures vs etf? wouldn't the trend be the same regardless of the instrument?
Cheers,
Chris
Chris,
Not a problem.
S&P M/W set up.
Stocks: M/W
Futures: W/D
Forex: W/D
Hope this clears things up for you.
Cheers
Adam
Adam,
Apologies for asking again but I need some clarification here. For and index i.e. the S&P would you use the M/W set up or the W/D set up? Does it change depending on the product i.e. futures vs etf?
Thanks,
Chris
Jesse,
Thank you for your feedback.
If you are trading each ETF you need to use the weekly trade triangles for timing and the monthly trade triangles for trend.
In trading a commodity contracts we would use the daily for timing and the weekly triangles for trend
Thanks,
Adam
In case the Fibonacci retracement of 23% is broken on the up side from 264 odd levels and the CRB Index head north wards towards 360 levels i.e the 38% retracement level, then what will be the corresponding impact on S&P 500 ..?? its having a major Resistance at 950 levels, and if my memory is serving me right, in one of your old video your views were : above 950 on S&P 500 a new bull market may commence. kindly comment on the same.
Nitin,
Good observation and feedback.
Trend for both the CRB Index and S & P Index are both up. Sooner or later one of them has to fall. We will use our Trade Triangle technology to tell us when that happens.
Thanks,
Adam
Adam,
So, does that mean for ETFs for which the underlying asset is a commodity, one should use the monthly for trend and weekly for timing, rather than the weekly for trend and daily for timing (which one would use in trading the commodity future itself?
Thanks.
-- Jesse
Chris,
Thank you for your feedback.
We use the monthly for trend and the weekly for timing as this is an index. You are correct, in most futures markets we use the weekly triangle for trend and the daily triangle for timing.
All the best,
Adam
Adam,
I noticed in the video you recommend using the Monthly for trend and weekly for timing. iS there a reason you are using the longer timeframes for the CRB versus other futures which call for Weekling trend and daily timing?
Thanks
Chris
Adam,
In the video you mention Trend - Monthly & Timing - Weekly. However in other videos you use the much shorter Trend- Weekly & Timing - Daily. Is there a reason you use the higher timeframe with the CRB versus regular futures?
Cheers,
Chris
Chris,
Thank you for your feedback.
We use the monthly for trend and the weekly for timing as this is an index. You are correct, in most futures markets we use the weekly triangle for trend and the daily triangle for timing.
All the best,
Adam