How the price action of Invesco Db Oil (DBO) is used to our Advantage

Longer Term Trading Plans for DBO
  • Buy DBO slightly over 13.47 target 14.66 stop loss @ 13.43 Details
  • The technical summary data tells us to buy DBO near 13.47 with an upside target of 14.66. This data also tells us to set a stop loss @ 13.43 to protect against excessive loss in case the stock begins to move against the trade. 13.47 is the first level of support below 14.63 , and by rule, any test of support is a buy signal. In this case, support 13.47 would be being tested, so a buy signal would exist.

  • Short DBO under 14.66, target 13.47, stop loss @ 14.7 Details
  • The technical summary data is suggesting a short of DBO as it gets near 14.66 with a downside target of 13.47. We should have a stop loss in place at 14.7though. 14.66 is the first level of resistance above 14.63, and by rule, any test of resistance is a short signal. In this case, if resistance 14.66 is being tested, so a short signal would exist.

Swing Trading Plans for DBO
  • Buy DBO slightly over 14.66, target 15.76, Stop Loss @ 14.62 Details
  • If 14.66 begins to break higher, the technical summary data tells us to buy DBO just slightly over 14.66, with an upside target of 15.76. The data also tells us to set a stop loss @ 14.62 in case the stock turns against the trade. 14.66 is the first level of resistance above 14.63, and by rule, any break above resistance is a buy signal. In this case, 14.66, 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 DBO near 14.66, target 14.25, Stop Loss @ 14.7. Details
  • The technical summary data is suggesting a short of DBO if it tests 14.66 with a downside target of 14.25. We should have a stop loss in place at 14.7 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, 14.66, 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 DBO
  • Buy DBO slightly over 14.66, target 15.76, Stop Loss @ 14.63 Details
  • If 14.66 begins to break higher, the technical summary data tells us to buy DBO just slightly over 14.66, with an upside target of 15.76. The data also tells us to set a stop loss @ 14.63 in case the stock turns against the trade. 14.66 is the first level of resistance above 14.63, and by rule, any break above resistance is a buy signal. In this case, 14.66, 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 DBO near 14.66, target 14.30, Stop Loss @ 14.69. Details
  • The technical summary data is suggesting a short of DBO if it tests 14.66 with a downside target of 14.30. We should have a stop loss in place at 14.69 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, 14.66, 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.

DBO Ratings for January 14:

Term →Near Mid Long
Rating Strong Strong Strong
P1 0 0 13.47
P2 14.30 14.25 14.66
P3 14.56 14.54 15.76
Triggers may have already come
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  • Price matters most to making good timing decisions, and the MACRO picture defines how restrictive you need to be with entry levels. Together, these are powerful.

  • Review our Global Liquidity Report from December 2021 to see how our Macro work can foretell future market conditions. Look for the word “Volatility.”

Our Market Crash Leading Indicator is Evitar Corte.
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  • It identified the Credit Crisis before it happened.

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Chart of DBO with Longer Term Pivots

Blue = Current Price
Red= Resistance
Green = Support


DBO Long Term Analysis for January 14 2022

Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Invesco Db Oil (NYSE: DBO) data table below can help you with price action, and we have more details too. Trading plans for DBO are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Graph of Evitar Corte vs S&P 500

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