The PowerShares DB Agriculture (DBA) has a gap up the day US announced that they are buying back US bonds over the next 6 months.
Price level held steady at the gap level and is out of the kumo resistant at around $25.
The volume is above average, however, the price has not move rapidly up.Â
This is probably a sign a knee jerk reaction to the weak US dollar rather than increasing demand.
Howver, in the long run, US dollar seems poised to go downwards further with the Fed printing more money.