Agriculture commodities are moving higher – the PowerShares Ag Fund is up almost 10% since July, doubling the market’s performance over the same period. Of course, all things come to an end eventually, but I believe it’s too early to harvest profits. Every day I use three unique systems to analyze exchange traded funds on three different time frames (I call it the 3X3 strategy) so let’s walk through the current analysis on MOO using some of my TRADR strategies – you’ll find that MOO can still provide good nourishment for your portfolio.

Unlike many traders I’m not afraid to jump on a strong technically ‘overbought’ trend, I’ve found that the strongest trends continue to persist.