The largest exchange-traded fund tracking agriculture has been in the spotlight lately as investors concerned about tariffs pull their bets, and two technical indicators suggest there’s no respite in sight.
The Invesco AB Agriculture Fund, or DBA, has fallen more than 9 percent since the beginning of June -- to an all-time low -- amid concern about tariffs on crops like soybeans and corn, both of which the ETF holds. The Directional Movement Index, or DMI, paints a bleak picture for the fund.
