DBC

Monthly cycles are 17 and 51 months. The bottom of both is expected in June 2024. The trend is down. We are in the middle of the third cycle and we can go up for a bit, but not far and not for long.

Weekly cycles are 24 and 72 weeks. Market is beyond the middle of the both cycles. The weekly bottom is a week of 9/1/23. The market is in a trending range with a slight trend down.

Daily cycles are 17 and 51 days. The bottom of the first 17 weeks cycle was 6/26. The market did reverse, and it can go up for a few days, but that's all.

Conclusion: 

Long trades should not be considered. The decline is not over.