Commodities Acting Better

03/06/2009 12:40 pm EST

Focus: COMMODITIES

Thomas Aspray

, Professional Trader & Analyst

chart

The commodity ETF DBA has been outperforming the S&P since the December 4 lows, even though the chart does not look very good. The S&P is down 19.2% since that day's close, while DBA is up 1.7%. The RS performance moved above its WMA on December 19, but is still locked in a trading range. A breakout should be significant.

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