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Commodity Update: Will 2012 be a Repeat of 2008? (FREE 9-Min. Video)
See the answer in EWI Senior Commodity Analyst's video update -- FREE

By Bart Bruce
Mon, 03 Oct 2011 17:30:00 ET
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Elliott wave patterns in market charts aren’t 100% crystal clear 100% of the time -- but when you do spot a high-probability trade setup, your heart begins to pound.

EWI's Senior Commodity Analyst Jeffrey Kennedy does just that in his September 23 Daily Futures Junctures "Weekly Wrap-Up" video. (Jeffrey records an overview video for his Futures Junctures subscribers every Friday.)

Using his own unique trendline tool (The Kennedy Channeling Technique), Jeffrey identifies a September break of the base price channel in the Continuous Commodity Index (CCI) price chart.



Why is this breach of the CCI trendline so significant to commodities?
 
"It means that price action is confirming our Elliott wave assessment, which is exactly what we want." Kennedy explains in the free 9-minute video.
 
"What we've seen in commodities in the past couple of weeks is simply a taste of things to come."
 
Watch the 9-minute video excerpt now -- free -- and see where commodities are heading in 2012 when you join Club EWI -- also completely FREE!

 

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