Strength in Agriculture, Treasuries

Posted on April 15, 2014 by Stock Trade Journal

While major market indexes continue to pull back, Agriculture and Treasuries continue to move higher. The PowerShares Agriculture ETF (DBA) appears to be consolidating before it continues to move higher. I think it could easily reach $30 in the near term.
20 yr treasuries also continue to move higher towards $115.
I am now mostly in cash ready to put in quick short trades when the market rallies.

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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