The current situation in commodity ETF area.
Commodities are near the end of last uptrend move.
DBO’s price moves along the 200-day moving average.
Commodity index ETF with ticker DBC reached resistance area. But the trend is still up.
JJG continues to show strength.
Gold’s price keeps above the 50day moving average and it signals still bullish mood.
The commodities as a group broke from a downtrend and recovers a little bit.>> Read more >>
Gold moves in a pullback and signals a possibility for a breakout move up.
The commodities as a group are in a sideways range.>> Read more >>