Two markets that are now in bear market mode are commodities and emerging markets. Their major indexes represented by exchange traded funds tell us a similar story. These two parts of global financial markets should be traded with short sell strategies these days.
Broad based commodity index represented by ETF with a symbol DBC turned into negative mode again. I see possibility for further decline in broad commodity prices. I want to buy any commodity right now. My approach will be to find the weakest commodity and short it.
S&P500 keeps its uptrend after a pullback from major 50day moving average
Commodities in a range with negative outlook
Emerging markets in a range with negative outlook
Commodity markets are in negative situation. It is not outright bearish but not very good. You can see the situation on the broad based commodity ETF with ticker DBC below.
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