The inverted head and shoulders bottom in commodities is in as I have expected it to happen the last two months. The bases are loaded ! Commodity ETF's (DBC,DBA,UCD,MOO,GSG,RJI,DJP) have much more room on the upside. We have healthy base. I expect more strength from this group for the intermediate term.
DBC : Commodity Index DB.
DBA : Agriculture ETF.
GSG : iShares S&P GSCI Commodity-Indexed Trust
RJI : Rogers International Commodity Index
DJP : iPath Dow Jones-AIG Commodity Index Total Return
UCD : ProShares Ultra DJ-AIG Commodity (Double long)
