****NOTE: CANCEL: SFM : buy on a buy stop 27.16
Rather gauge market in real time
++++++++++++++++++++++++++++++++++++
Existing Position: Long DBA 22.71 ATR: .21
Name of Instrument: PwrShsDB Ag Fd
Current Price: 22.91
****Raised Sell Stop: 22.71 with a two minute time confirm
Reason For Trade: After a long downward trend in commodities, many are basing out. DBA is a way to trade the basket of soft commodities. It is in a Recovery Phase. Risk is to the 2008 low so lots of room. Traded as high as 25.21 earlier this year. If commodities are bottoming, the upward potential is hard to predict.
****Reached: First Profit Target for ½: 23.31
***Second Profit Target for another ½ off: 23.71
![]()