Saturday, January 15, 2022

S&P Commodity Index ETF rallying for higher highs

 S&P Commodity Index ETF gunning for higher highs

The S&P Commodity Index ETF (GSG) $GSG is rallying for higher highs. The next major high, or reversal point, is the high back in 2018 at $18.80.   ..see stock chart below:

The (GSG) is trading 1.2% above, over a 200 day moving average, The DB Commodity Index ETF (DBC). ..see stock chart below:

S&P Commodity Index ETF (GSG) reversal point

(GSG) relative to DB Commodity Index (DBC)


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