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Benzinga
Benzinga
Business
Mark Putrino

FORGOTTEN HISTORY: Is this inflation etf breaking out | History Defined

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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