DBC Commodities move 3x; 4x @29.60 is next target
DBC already move 40% due to inflation. The Ukraine invasion has made it parabolic due to Russian sanctions which will affect energy like oil & natural gas & food components like wheat.
The conflict will not end soon. Another 9% is coming to target 4x at 29.60.
Due to oversold RSI, there may be some retracement or consolidation to digest the 40% gain before a continuation of rally.
Not trading advice
The conflict will not end soon. Another 9% is coming to target 4x at 29.60.
Due to oversold RSI, there may be some retracement or consolidation to digest the 40% gain before a continuation of rally.
Not trading advice
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.