By Mark Leibovit, VR Strategic Consultants, VR Trader
DBA – Powershares DB Agricultural ETF:
The ETF seeks to track the price and yield performance, before fees and expenses, of the Deutsche Bank Liquid Commodity Index – Optimum Yield Agriculture Excess Return. The index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities – corn, wheat, soy beans and sugar. The index is intended to reflect the performance of the agricultural sector.
This video demonstrates the good correlation (up and down) of my Leibovit Volume Reversal in all time frames shown – daily, weekly and monthly. As a reminder, I used the 5/3/3 stochastic to help confirm an uptrend or downtrend.