• Commodities Are Trying Hard To Break Out

    7 monthes ago - By ETF Daily News

    From Chris Kimble : This chart looks at Commodity ETF over the past 12-years as well a 2 & 5-Year yields over the past couple of decades.
    DBC peaked in 2007 and has created a series of lower highs ever since. The rally over the past couple of years has DBC testing falling resistance that started 11-years ago.
    While commodities are testing long-term resistance, the same can be said about interest rates too!
    The yield on the 2 & 5-year notes is testing long-term falling resistance as well at each (1). The last two times that yields touched these long-term falling resistance lines was back in...
    Read more ...