Are Commodities About To Step Down?
Tim Knight | Jul 12, 2013 11:22AM ET
Take a look at PowerShares DB Commodity Index ETF (DBC ). There is a consistent series of lower highs and lower lows and, given the surge we’ve had in crude oil the past several weeks, a large portion of its gap has been closed. Strictly speaking, the gap is at $26.43, so there are still a few dimes to go, but we’re awfully close.
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