Exercise #7
3.) Evaluate the chart of the Continuous Commodity Index (UV/Y) at Point 1. Assume you own a commodity related ETF. Which of the following strategies would be most appropriate?
A. The chart has pulled back and positions can be added to.
B. The chart has given a sell signal so current commodity related positions should be evaluate for stop loss points.
C. The chart has given a sell signal so equities must be a better bet. Sell all commodity funds and place them into equity funds.
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