Monday, August 29, 2011

A Double Bottom in the PowerShares DB Agriculture Fund (DBA) Also GLD; BAC

I'm linking to his main page, scroll down for more (simple, clean) chart analyses.
From Alpha Global Investors:
(click to enlarge)
PowerShares DB Agriculture Fund (DBA) weekly chart analysis ;
1) When you often see "fake moves" above/below a certain price level, you know that you are facing a key support/resistance level
2) Focus on that blue arrow scenario, expecting another break out in about two months....