By Jeff Pierce
On the daily chart there seems to be strong support for the CRX (Commodity Related Equity Index) near $860. The rise of the RSI could have been stronger during the February rise, which would give me more confidence that this is going to bounce, but I do like the look of it regardless. Given that I’m generally bullish on the general markets at this point it’s a good bet this is going higher as well.
Next target is near $950.