PowerShares DB Commodity Double Long (DYYXF)

[Renee]

DYY changed to DYYXF. Moved from ARCA to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[halpern6]

yes, nice update coming in the form of a golden cross.....eom

[IndoInvest]

no more updates on this etf?

[AnderL]

P&F chart objectives are never realistic IMo. Any change in the chart parameters will force a change of the objective. What P&F does is reduce the impact of time. Another datapoint to consider.

Q1 earnings season is upon us. Uncertainty is coming back into the markets. With all the rosey not so bad good news recently markets are overbought. Expectations exceeded realistic valuation. This last run was a run to get into a new bull run before its missed. An opportunity to get in on the ground floor.

I think that there is more selling than buying and people try to take some profits off this recent run. Those who doubled down on their losing positions will probably hold and get hurt if we put in a lower low. It could create another panic sell.

[frenchee]

New weekly chart in iBox AnderL...

I'm thinking P&F price objective isn't realistic. Thoughts?

[frenchee]

You have the waterfront covered and the intermarket linkages appear to be correct relative to your forecast. Sounds like you got a plan AnderL. GL

[AnderL]

USD index might hit 81-81.50 its creating a rising wedge with a possible run up to 90-91 if it finds support. Ultimately I expect that it should revisit 72-74 which should coincide with a market rally.

I think that gold might test 850 maybe 660 when the markets rally and the dollar falls. I know it might sound odd. Dollar and gold falling at the same time but easing of fear in the markets would mean the rotation out of gold along with the Fed buying long term treasuries all summer should put a lot of dollars into the market.

Regarding oil maybe a long slow grind to 60-70 by 2010 like the old days 5 years ago.

Thoughts?

[frenchee]

DYY looks in need of a consolidation. It's up against its 45-day price MA, overbought, and the US Dollar is starting to correct. Will consider getting some around the 18-day price MA.

[frenchee]

Weekly chart of gold

[frenchee]

Huge positive divergence between price trend and OBV trend. DYY getting prime for a run...

[frenchee]

DYY appears to be nearing the end of its consolidation. Suggest keeping this on the radar as it should turn up sharply at the market's "sniff" of inflation.

[mlkrborn]

HOW come 52 weeks range not available/?

[*~1Best~*]

Market volatility is insane mainly due to price manipulation. Lately, we have 3x etfs manipulation to move markets; and we need to control or to ban the market volatility to restore "MARKET STABILITY".

[*~1Best~*]

~~ CRB & OIL ~~



~~ Oil ~~





USO - Long oil

DUG - Ultra Oil & Gas ProShares




~~ GAS ~~

[*~1Best~*]

~ Commodity 2x etfs ~





~ Oil/Gas 2x etfs ~





~ Clean/Solar 2x etfs ~



~ Commodity 2x etfs ~



~ Gold/Silver/Metal 2x etfs ~

[*~1Best~*]

~ Oil/Gas 2x etfs ~





~ Commodity 2x etfs ~





~ Clean/Solar 2x etfs ~



~ Commodity 2x etfs ~



~ Gold/Silver 2x etfs ~

[*~1Best~*]

Gold weekly in a symmetrical triangle formation.

~~GOLD ~~ trading near 733 +/- long term breakout support.

[*~1Best~*]

$CRB is trading near 250 long term support comparatively as oil 60 +/-. As noted on prior posts, markets are near pivotal, critical supports.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33432325

[*~1Best~*]

CRB & DYY ~



~~ CRB ~~

[*~1Best~*]

http://www2.goldmansachs.com/services/securities/products/sp-gsci-commodity-index/index.html