Invesco Db Commodity Index DBC Trading Report

Source: Stock Traders Daily

Longer Term Trading Plans for DBC
  • Buy DBC over 21.46 target 22.46 stop loss @ 21.4 Details
  • The technical summary data tells us to buy DBC near 21.46 with an upside target of 22.46. This data also tells us to set a stop loss @ 21.4 to protect against excessive loss in case the stock begins to move against the trade. 21.46 is the first level of support below 21.7399 , and by rule, any test of support is a buy signal. In this case, support 21.46 is being tested, a buy signal would exist.

  • Short DBC under 22.46, target 21.46, stop loss @ 22.52 Details
  • The technical summary data is suggesting a short of DBC as it gets near 22.46 with a downside target of 21.46. We should have a stop loss in place at 22.52though. 22.46 is the first level of resistance above 21.7399, and by rule, any test of resistance is a short signal. In this case, if resistance 22.46 is being tested, a short signal would exist.

Swing Trading Plans for DBC
  • Buy DBC over 22.46, target n/a, Stop Loss @ 22.4 Details
  • If 22.46 begins to break higher, the technical summary data tells us to buy DBC just over 22.46, with an upside target of n/a. The data also tells us to set a stop loss @ 22.4 in case the stock turns against the trade. 22.46 is the first level of resistance above 21.7399, and by rule, any break above resistance is a buy signal. In this case, 22.46, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short DBC near 22.46, target 21.71, Stop Loss @ 22.52. Details
  • The technical summary data is suggesting a short of DBC if it tests 22.46 with a downside target of 21.71. We should have a stop loss in place at 22.52 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 22.46, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DBC
  • Buy DBC over 21.83, target 22.46, Stop Loss @ 21.78 Details
  • If 21.83 begins to break higher, the technical summary data tells us to buy DBC just over 21.83, with an upside target of 22.46. The data also tells us to set a stop loss @ 21.78 in case the stock turns against the trade. 21.83 is the first level of resistance above 21.7399, and by rule, any break above resistance is a buy signal. In this case, 21.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short DBC near 21.83, target 20.42, Stop Loss @ 21.88. Details
  • The technical summary data is suggesting a short of DBC if it tests 21.83 with a downside target of 20.42. We should have a stop loss in place at 21.88 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

DBC Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Strong Strong Strong
P1 0 0 20.42
P2 21.56 21.40 21.46
P3 21.83 21.71 22.46

DBC Long Term Analysis for January 14 2022


DBC Swing Trading Analysis for January 14 2022


DBC Day Trading Analysis for January 14 2022

Trading or Investing in Invesco Db Commodity Index (NYSE: DBC) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DBC change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DBC is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DBC too.  All of these are offered below the Summary Table.

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