Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Sunday, March 20, 2016
DBA Commodities ETF Daily Chart
Here is another successful knife-catch that Keystone forecasted. It is fun talking about the winners since sometimes the knife-catches can slice and dice your hand. This chart was very similar to coffee and it makes sense since all commodities rally as the dollar retreated. The positive divergence called the bottom and price obliged; a possie d rocket launch occurs. Keystone took profits on the long DBA play and is not in the ticker currently. DBA ran from 19.6 to 21.3, +9%, in 27 days. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.