Chris Kimble, Founder of Kimble Charting Solutions shares a couple key charts for the S&P and two commodities that are bouncing. The US markets are on everyone’s mind after the recent pullbacks. The first chart below is something Chris and I chatted about a couple weeks ago before the breakdown happened. There are some scary similarities to 200 and 2007. As for the 2 commodities that are bouncing, think coffee and sugar (these charts are below).
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S&P
Coffee and Sugar
Coffee and moving averages
