Technical analysis of gold, Treasury bonds, natural gas, soybeans, cannabis stocks & a few miscellaneous trade ideas. Silver or Gold level access initially required.
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Analysis of Gold, Treasury Bonds, Commodities & More
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Here is my Nat gat daily chart I see at very nice uptrend line that we gaped down from which put in some positive divergence on the daily and also the hourly chart my thought is a break above that uptrend which comes in nicely at between 2.35 and 2.4 (also recent support/resistance) could be a breakout for a third wave of buying or a head and shoulders which would likewise end at about the 2.7 level (again well defined support/resistance level). Just my 2 cents any and all input would be nice.
Randy, I used the select symbol tag to find the last post where you discussed MJ. The marijuana stocks blew up today, if you have any time can you take a look and diagnose the pot stocks. Wondering if you think this advance is going anywhere, or just a quick end of year ETF punch up. Thanks