since the euphoria moment in July 2008, Commodities is in a very bad shape perhaps due to obesity LOL it stages a laboriously come back and as best only manage a Gann 50% retracement, upon rejection, it continue to hug along the upper red channel until it couldnt hold on anymore in June 2014 the next level ~18 is the same level where this commodity make a loud noise. If it couldnt hold, highly lightly we could see it going to 15 and ultimately botton of the red channel around 11-12 depending on how fast the price fall
so the update comes
It has been basing for 3months since my first post of DBC
sound like a big falling wedge, aint it if that is the case, some upside is coming
but first, the monthly bar MUST be higher