Thursday, June 28, 2007
Tokyo Commodities Exchange to run 24 hours
"Japan’s biggest commodities exchange plans to introduce 24-hour electronic trading. The move by the Tokyo Commodities Exchange is an attempt to attract foreign investors and fend off criticism that it is slowing Tokyo’s drive to become Asia’s leading international financial centre." source
Wednesday, June 20, 2007
CCI Commodities Index
As previously explained, the CCI is the best barometer available for tracking the condition of the general commodities market. The CCI just made a new bull market high. If you are going to trade this index or any of its components be sure to study each of them both fundamentally and technically!
Long term trend support around the 50 weeks moving average.
Short term trend line support around 402.
Long term trend support around the 50 weeks moving average.
Short term trend line support around 402.