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iPath Bloomberg Livestock SubTR ETN Message Board

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  • neurogain neurogain Jun 12, 2012 11:56 AM Flag

    remarkable June

    Agree the 5yr, 2yr, 1yr and just about any time frame chart looks ugly. But the June swoon apparently came early this year-in may. eventually the fundamental diminishing supply should be reflected in the pricing. As for now a downtrending 50day and 200day are bearish. Just about all one could hope for a is counter trend rally back to resistance? Yep, so far a bum steer.

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