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Benzinga
Benzinga
Business
Mark Putrino

Is This Inflation ETF Breaking Out?

ETF Inflation NYSE

As long as inflation continues to surge, so should the Invesco DB Commodity Index Tracking Fund ETF (NYSE:DBC). It had gained about 40% this year and appears to be breaking out.

When an ETF trades above a resistance level, traders say it has "broken out." This could have bullish implications.

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