I am long the Agriculture ETF (DBA) as it has been trading above $25 for the past few days and had a very strong gap up move today. The weekly chart shows the ATR line signaling the change in trend that usually lasts a few weeks. The next level of resistance and first target is between &27 – $28.
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DBA Weekly Chart
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DBA Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
