Invesco DB Energy Fund DBE just formed an inverted hammer on the 6-month candlestick timeframe. This may be signaling a major reversal (though it won't necessarily happen right away).

#DBE's overall structure on this timeframe is a bull flag (shaded in red). Price has descended to and is appearing to find support on the EMA ribbon.

#Energy is likely to break out right as we head into a recession, which could cause strong stagflation.

#Commodities / #Gold / #Bitcoin / #Inflation