#DBA Agriculture ETF breaking below rising wedge

23 Eyl 2022

Deutsche Bank Agri ETF has broken down from this rising wedge and now firmly stuck between the anchored vwaps from the recent swing highs and lows which are acting as both resistance and support. This wedge pattern is generally a continuation pattern in the direction of the preceding trend so i would expect this to work its way down to the anchored vwap support and recent lows at +- 19.50