USO (Oil ETF) and DBC (Commodity ETF) are bumping against resistance once more. I'm looking for a short term pullback for both ETF's down to their respective red support line (S). After this little pullback,maybe we will have a final leg higher in Oil and Commodities before the year is over which will enable the SP 500 to move up to 1100-1150 .... still too early to tell !
USO : United States Oil Fund
DBC : Powershares DB Commodities