Commodities

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I have allocated my three largest cash positions to commodity longs – – two big DBC positions and one DYY position. It seems to me the $CRX has some room to move higher from the recent softness:

0618-crx

I also note that with DYY, very large surges in volume have been occurring regularly when the price moves higher, and the volume subsides as the price consolidates. This is bullish to me:

0618-dyy