CRB


 

31.12.2010 - 333


Longer-term buy-signal since rising above the upper (violet) downward-trend-channel.
















































26.11.2010 - 301


The upper (violet) resistance was only broken shortly (longer-term buy-signal) so that a sell-signal was issued with breaching it, whereas a buy-signal was generated with the subsequent arriving & holding at the (green & red) support at approx. 295 (sell-signal when breaching it).

 

Indicators:

RSI: sell-signal since breaching the (blue & green) supports - buy-signal when rising above it, or when arriving & holding at the 30-level.

 

ATR: the upper (red) resistance was broken which action enforced the expectation of further strong increases in volatility.

 

ROC: sell-signal since breaching the 0%-level - buy-signal when rising above it, or when arriving & holding at the (red) support.

 

MACD: sell-signal since both curves started to decrease.

 

AROON: with currently -40 points within the neutral- to buy-range.
































29.10.2010 - 301


The longer-term picture since 1980 shows that a longer-term buy-signal was generated with the recent rise above the (violet & green) resistance at 300 - sell-signal when breaching the (green) support, or when reaching the (grey or violet) resistance slightly beneath the 350-level.

















Buy-signal still active, especially since breaking as well the (green & red) resistance - sell-signal when breaching the (green) support, or when reaching the upper (violet) resistance (longer-term buy-signal when rising above it).

 

Indicators:

RSI: sell-signal since breaching the (blue) support at the 70-level - buy-signal when rising above it, or when arriving & holding at the (green or grey-dashed) support at approx. 50 points (sell-signal when breaching it).

 

ATR: during the last month, a strong rise to the (red) resistance was accomplished - thus, further strong increase in volatility is expecting when breaking this resistance.

 

ROC: buy-signal above the 0%-level - sell-signal when breaching it, or when reaching the (grey) resistance at 10%.

 

MACD: buy-signal still active, whereas a sideways-consolidation began above the (red) trendline recently.

 

AROON: with currently approx. 88 points within the sell-range.






























24.09.2010 - 284


Buy-signal still active - sell-signal when reaching the (green) resistance, whereas the (blue) resistance dominates at the moment.

 

Indicators:

RSI: buy-signal since rising above the (green) resistance & as well the (darkblue) resistance at 70 points - sell-signal when breaching this new support, or when reaching the (lightblue) resistance.

 

ATR: an increase in volatility is expected any time since arriving at the (green) support (as long as no breaching takes place).

 

ROC: buy-signal still active.

 

MACD: buy-signal since both curves rose from the 0-level, whereas a sideways-consolidation began recently.

 

AROON: with currently approx. 88 points within the sell-range.
































27.08.2010 - 267


Sell-signal since reaching the (green) leg, whereas a buy-signal was generated with another correction to the (green-dashed) support. Next sell-signal when breaching it, or when reaching the (green) triangle-leg.

 

Indicators:

RSI: during the last month, a sell-signal was issued at the (blue) resistance & a buy-signal when arriving at the (red) support becoming a sell-signal recently with reaching the (green) resistance (buy-signal to the blue resistance when rising above the green trendline).

ATR: decreasing volatility again.

 

ROC: further buy-signal since arrival & hold above the (red) support (sell-signal when breaching it).

 

MACD: sell-signal since both curves started to decrease from the (red) resistance.

 

AROON: with currently approx. -50 points within the neutral- to buy-range.




 




























23.07.2010 - 267


During the last 2 weeks, the (violet) resistance was broken, which action generated a buy-signal.

 

Indicators:

RSI: buy-signal since rising above the (green) resistance.

 

ATR: no significant change.

 

ROC: buy-signal still active.

 

MACD: buy-signal still active.

 

AROON: with currently 52 points within the sell-range of the (red) resistance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

09.07.2010 - 261


During the last 2 weeks, the (green-dashed) support was tested another time successfully generating another buy-signal (sell-signal when breaching it, or when reaching the green leg currently at approx. 280).

 

Indicators:

RSI: sell-signal since breaching the (red) support, whereas a buy-signal is given when breaking above the (green) resistance.

 

ATR: no significant change.

 

ROC: buy-signal since rising above the (red) resistance again.

 

MACD: buy-signal still active as a decrease by both curves was observed.

 

AROON: with currently 56 points within the sell-range of the (red) resistance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 


 

25.06.2010 - 266


The close-up since 2008 shows a (red-green) upward-sloping triangle whose lower (green) leg was breached in April 2010 (sell-signal). A first buy-signal was given when arriving & holding at the (green-dashed) support - thus, a next sell-signal is positioned at the (green) leg at approx. 275, or when breaching the (green-dashed) support.

 

Indicators:

RSI: buy-signal since pullback to the (green & red) support. Sell-signal when breaching the (red) support, or when reaching the (blue) resistance at approx. 70 points.

 

ATR: the volatility decreases since 2010.

 

ROC: buy-signal since breaking above the (red) resistance, whereas a pullback to this new support can start any time.

 

MACD: buy-signal since both curves started to rise recently, whereas a sideways-consolidation began most recently potentially forcing both curves to decrease (sell-signal).

 

AROON: see below.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



In the end of 2001, the thrust to the upside out of the (blue) triangle that was built since the early 1980s was accomplished. The goal is (1) to break the high of the breakout (approx. 265 from 1996) in order to transform it into a new support (this goal has been achieved recently after the index rose above the 265-level); and (2) to break the high of the (blue) triangle (approx. 345 from 1981) & transform it into a new support (goal of breaking the resistance was successfully already in 2005 - however, the subsequent correction in 2008 forced the price to trade beneath that resistance. Hence, a buy-signal is active at prices >265, whereas a sell-signal is articulated when breaching the (green & violet) support at approx. 250. Further sell-signal when reaching the (violet & green) resistance at approx. 300.

The price-movements since 1980 can also be explained via the (red) triangle - herewith, a breakout above the (red) leg went from approx. 230 to 475, whereafter a pullback took the index down to the (red) triangle-apex at approx. 210. Hence, the triangle is thrusting to the upside since then having not only the goald of breaking & transforming the high of the triangle (approx. 345 from 1981) into a new support, but as well the high of the breakout (approx. 475 from 2008).

 

Indicators:

RSI: with currently approx. 60 points within the neutral-range.

 

ATR: a strong increase in volatility is expected when rising above the (red) resistance.

 

ROC: sell-signal at the (grey & red) resistance & buy-signal when rising above the (grey) resistance, or in case of a correction to the (green) support.

 

MACD: see above.

 

AROON: with currently 88 points within the neutral- to sell-range.