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Near range low so generally should rebound to the range high, sometimes breaks the range low a little bit before the rebound.
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Now at range high, in theory should be a pullback to the range low. Since the range high has been tested many times so a breakout on the upside might be more likely this time.
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Needs a pause or small pullback and resume up as proof.
The fund uses derivatives such as exchange-traded futures contracts to invest in agricultural commodities such as corn, soybeans, wheat, Kansas city wheat, sugar, cocoa, coffee, cotton, live cattle, feeder cattle, and lean hogs
Charts posted are not recommendations. They are just a sharing of information.
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