Agriculture ETF keeps rising

The PowerShares agriculture ETF (DBA) printed another strong move yesterday that easily cut through resistance around $26.40.
It closed on high volume while the broad market continued to sell. It is important to keep an eye on stocks / sectors that show that kind of relative strength as they often outperform the market.

DBA Daily Chart

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.
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