DBA – buy on the dip opportunity

The PowerShares DB Agriculture Fund (Symbol: DBA) is based on the DBIQ Diversified Agriculture Index Excess Return™ The Index is intended to reflect the performance of the agricultural sector.

– with last weeks negative price action in commodities, DBA also got hit
– It is now on the key support level of 32.4
– Expecting a bounce for a test of the 50d MA

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