Depression leading indicator via Commodities index breakdown?
Last week's gravestone Doji candle is potentially showing a breakdown of the TR commodities index. And as Chris Kimble pointed out in bit.ly/2RDMcgd - this could spell depression. A depression signals a low demand for commodities, except for precious metals.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.