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Sunday, March 11, 2012
Will this divergence lead to a sell-off??
In 2010 CRB index did not confirm new SPX high. That divergence resulted in a nasty sell-off. Below is the 3-yr weekly comparison chart of CRB vs SPX. Look at what is happening today! You can dismiss this as a chart voodoo, but getting hit by a bus is going to hurt.
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