SEVEN DAYS AHEADProfessional trading guides and recommendations for the World's markets Authorised and Regulated by the FSA 124 REGENT S PARK ROADLONDON NW18XL TEL +44 (0) 7849 933573 E-MAIL [email protected]WWW.SEVENDAYSAHEAD.COM This information memorandum has been prepared solely for informational purposes for customers of Seven Days Ahead and is based on publicly available information from sources believed to be reliable. It is not an offer, recommendation or solicitation to bu y or sell, nor is it an official confirmatio n of terms. No representation i s made as to the completeness or accuracy of any statements or forecasts contained herein and no responsibility or liabil ity is accepted for losses arising fr om transactions undertaken or investments purchased, sold or held on its recommendation. Consequently, any persons acting on information contained herein do so entirely at their own risk. Although the opinions contained herein were considered valid at the time of rele ase, financial markets are subject to rapid and unexpected movements. Seven Days Ahead, its associated companies, their directors, employees, other customers or connected persons may from time t o time undertake transactions or deal in inves tments mentioned in this in formation memorandum or have a material in terest, relationship or arrangement in relation to them. In association with Market Bulletin 16 th September 2010CRB Index Trying to Shake Off the Bears The first half of 2010 was marked by general weakness in the CRB Index, following a modest 2009 recovery. In Aug, however, the signals started changing, and the bear case has weakened. The Commodity Specialist view MONTHLY CHART Earlier on the Index failed to overcome resistance from around the 284.61 Jan-07 low –this was marked by a negative Key Reversal Month in Jan, heralding a corrective phase. The assumption then hadbeen that rallies wouldcontinue to be short-lived, but Daily chartdevelopments have alteredthis view.
