Agricultural ETF In A Grinding, Multi-Year Downtrend

 | Mar 04, 2015 12:20AM ET

The agricultural ETF (ARCA:DBA) shown below has been trying to bang out a bottom for ages. It has been in a grinding, multi-year downtrend as defined by the channel I’ve drawn, so if you’re looking for a low risk long position, you might want to consider the wonderful world of wheat and soybeans.