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3 Commodity ETFs Pose Caution In July

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3 Commodity ETFs Pose Caution In July


This article was posted on Tuesday, 22:42, UTC.

Three commodity exchange traded funds (ETFs) have a tendency to rise or fall in July, indicating both opportunity and risk for investors, according to Investopedia. Two of the ETFs have a strong bearish bias while one has a long-term historical tendency to rally, although in recent years it has been slammed lower. Investors are advised to use seasonality in conjunction with other fundamental or technical criteria, as it only shows what happened in the past and not necessarily what will happen this July. It is important to consider factors like targets, stop-losses and entries before trading the ETFs based on…

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Lester Coleman

Lester Coleman

Lester Coleman is a veteran business journalist based in the United States. He has covered the payments industry for several years and is available for writing assignments.

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