|Bid||5.85 x 1000|
|Ask||5.87 x 8000|
|Day's Range||5.82 - 5.90|
|52 Week Range||5.82 - 8.43|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||4.13%|
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Federal Reserve Bank of Chicago President Charles Evans said technology is disruptive and may be causing disinflation. Mr Evans implied that Amazon is killing inflation. I disagree with his conclusion because when you look at all the components that comprise inflation, a slew of commodity prices
Nearby resistance on key commodity-related charts suggests the bears are taking control of the momentum and that the downtrend is likely to continue.
Major resistance levels on the charts of these agriculture ETFs suggest that the bulls may want to wait it out on the sidelines for better days. (DBC,OIL,WEAT)
Nearby resistance, combined with recent moves below key support levels on major ETFs, suggest agriculture commodities will struggle to head higher in coming months.