DBA Ag weekly chart shows the powerful move skyward. Rising wedge with a doji candle at the top signifying a potential trend change, but momo like this does not disappear quickly. RSI and money flows move higher with price as well saying that even after a pull back price will want to come back up to this level again, so an M top moving forward would be on the table.
2011 sees nothing but strong buying volume, everyone, including the cabbie, buying into the food inflation story. None of the buying volume has surpassed previous high selling volume spikes. The 29 level is of great interest and the DBA should come down to take a look at this level in the weeks and months ahead. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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