Copper poking its head over the multi-week range — through there and would be bullish.
Very similar pattern on crude — poking its head over the range. Not enough distance to call it safe but it’s a good start.
SPY filled gap and bounced — if the lows hold we should get some nice bullish set-ups soon.
These are the types of patterns we’re looking for — MOS we posted yesterday on our stream (and was in our newsletter).
Similar pattern on WLT coming up through 120.
Inflection point indeed. Bears and bulls, press your bets. Bulls would need to get some distance from these areas in order for buyers to find conviction to bid prices up and bears would need to go through today’s lows. Once we break the range we expect trades with more “edge” to enter the picture. Follow us on StockTwits and Twitter.