DBC very long term chart of the commodity index fund, looks like it may have formed a bottom and ready to move much higher. A long term buy.
Thursday, February 11, 2021
ZCH21 Corn March 2021
Corn futures have faded from 7+ year highs after the U.S. Department of Agriculture (USDA) projected supplies of the grain would be well above market expectations. The bull may be over. Similar chart patterns with wheat and the soybean complex.
Subscribe to:
Posts (Atom)