I have written about the agricultural ETF (DBA). It has not yet given me a signal to enter. I am still interested, and I think the situation is still interesting.
This is the daily chart
As we can see, some divergences are being built. DBA looks like it is about to pull back from the 24 level. The possibility of the pullback is echoed by rolling RSI and Stochastics.
Here is a close look on a 60-minute chart
We have two interesting levels that might setup the ETF nicely for a launch as I have annotated on the chart.
There is no point to rush, I need to see how the ETF holds on the pullback. If it makes a new low, I may lose my interest.