Commodity ETF Double Bottom Breakout & Backtest
I don’t have time to chart like I used to with 4 kids now (had only 1 when joined Rambus’ site in 2011 until 2015 when had second!) and have a much busier job. I have been following this commodity index though. Not sure if others look similar…
The recent pullback in oil, as well as gold, silver, etc caused this commodity index to backtest its breakout above its double bottom.
Could that be it? Safe to launch now? Hope so! Pray and cross your fingers…. because everything is at a major crossroads that’s for sure. Everything at crucial support.
Good luck all…
thanks Chuck – good to hear from you!
Enjoy the kids… a barrel full!
PC, check out BBL AND RIO today. I think your analysis is correct. GL.