Why Do I Have to Be Mr. Pink?

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Because you’re an ag!

OK, that was dumb. Let’s proceed…..

The agricultural ETF shown below has been trying to bang out a bottom for ages. It has been in a grinding, multi-year downtrend as defined by the channel I’ve drawn, so if you’re looking for a low risk long position, you might want to consider the wonderful world of wheat and soybeans.

0303-dba

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