MarcoOlevano

Invesco DB Agriculture fund - Breaking out of Descending channel

Long
AMEX:DBA   Invesco DB Agriculture Fund
This break out of the descending channel looks legit and probably see's higher prices. Looks like a basic basket of agricultural goods is going to become even more expensive. Pattern target -> $20.50

Fund Holdings subject to change

FUTURES % OF NET ASSETS
Corn 14.29
Soybeans 13.73
Coffee 13.60
Sugar 13.25
Wheat 11.31
Live Cattle 9.78
Lean Hogs 9.64
Cocoa 8.48
Feeder Cattle 3.30
Cotton 2.63


COLLATERAL % OF NET ASSETS
Invesco Government & Agency Portfolio 45.95
United States Treasury Bill 42.57
Invesco Treasury Collateral ETF 10.19
Cash/Receivables/Payables 0. 01
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