DBA – be patient
the commodity markets are ROCKING AND ROLLING w/ regards to Corn, Soybeans and Wheat …. so, I don’t know ANYTHING about the inner workings of the grain market but I do know MEASURED MOVES and look at...
View ArticleDBA – be patient, now let’s follow up.
CLIFF NOTES: Corn and Wheat have hit their targets. Would still see risk below the .841 retrace on Wheat but believe these patterns are complete. Need to wait a little while longer on Soybeans …...
View ArticleWheat – pattern from the 1970’s complete
CLIFF NOTES: charts below show the SAME PRICE PATTERN from 1970 is complete … we do have some pretty BIG candles going into the level so “waiting” and letting the market prove it is advised. That...
View ArticleDBA – be patient, now let’s follow up.
Amazing that it’s been a YEAR exactly since we took a look at the agriculture sector. The post below was from 06/26/2014. Based on the price action of DBA the past couple days and the action of the...
View ArticleDBA – be patient, now let’s follow up to the follow up
12/25/2016 – if you look closely at the 19/60 level the symmetry shows the potential for a double bottom. However, w/ a daily close below 19.60 it looks like DBA just isn’t ready. All the way down...
View ArticleDBA – a target finally hit …
the first target zone we have been watching for a LONG time was hit on the DBA ETF last week. note, we also have other targets in the 12.70′ ish area but, as far as long term targets being hit – DBA...
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