DBC: A Way To Play The European Winter (Archive)
Energy-heavy DBC ETF positions for a renewed commodities upswing driven by Europe’s winter.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- Commodities have been top performers in 2022 and although they are correcting as of late, their bull run may not be done yet!
- My technical analysis deduction on the DBC/S&P 500 pair suggests that the price is upward-bound but needs to mark a pullback to a support level to catalyze a price rally.
- European weather, the US Dollar Index and the US 10-yr yield are my key monitorables to time the buys from a fundamentals perspective.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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