Daily Charts - WTI crude is still stuck between support and resistance
1.Sentiment still majority bearish too -- and yet WTI crude is still stuck between support and resistance.
Bears haven't been able to break it down, and bulls haven't been able to get it up... $WTI Crude Oil - main 2510(CLmain)$
Image
2.Emerging Markets... are emerging.
Thoughts + next steps and catalysts:
Image
p.s. here's another angle on that chart -- this one shows EM vs US... and EM in absolute terms.
Technically both the relative and absolute price lines look *very* interesting:
-relative price at a logical turning point
-absolute price at a logical breakout point
Image
3.Gold Bulls take note...
Big Bulls often feature Long Waits
We're 5-months into the current consolidation, the last big bull saw 3 major periods of consolidation lasting 12-18 months.
Perspective. $Gold - main 2512(GCmain)$
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

