CBOT Grains peak around June 24, 2019. DBA ETF is an ETF for Agrricultural Commodities.
https://etfdb.com/etf/DBA/
Most of the CBOT Agriculture products slide down since June 24, 2019 except SoyOil which has moved up and now sliding down. Except for CPO which is defying international agricultural price trend movements, CPO has been moving up against gravity. Why? I don't know and I don't think this academic knowledge of reasoning or rationalizing is going to help me in my decisions.
The question is when will CPO join the rest of the non-CPO products and head south? It is better for the CPO to find its own timing and level when it decided the time is up and the price is right.
Eventually gravity will take over and CPO will head south.
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