aaron.pike.9

Can DBA hold enough momentum in this rally?

Largo
AMEX:DBA   Invesco DB Agriculture Fund
We're looking at 14 as our longtime resistance in this trade. If price does clear this resistance it could provide indication that agricultural products are going to move higher. Any type of supply shock here is a bullish indicator. I think it will take a few weeks for the market to react to the devastation that is being unleashed in China. We'll just see.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.