jp4LSU

Commodity ETFs Overbought; Gold Least So

I've had DBA since late November and it has been great. I'm wondering is it ever warranted for the ETF to appear overbought but it actually isn't. If the market warrants the price of the stock and with ag products and food steadily going up and food supplies on a thin margin, is it possible the deviation from the 50day avg is warranted?

I actually sold over half of my DBA shares yesterday to spread around in the ag market, but it has made me some money.