FMD Stock Chart

FMD

 

FMD

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Price History
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FutureMeDead FutureMeDead DBC, 240, Short ,
DBC: $DBC - Working Lower
51 0 1
DBC, 240 Short
$DBC - Working Lower

This is the PowerShares DB Commodity Index. With more than 40% of the index weighted in different forms of oil (Light, Brent, Heating, and RBOB), it resembles the charts of crude and Brent we follow but with a more bearish elliott wave count. Circle wave iv may be underway (crude is up 2.5% right now) and I have thrown up a cluster of Fibs in order to identify a ...

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