XSO 0.62% 3,004.6 s&p/asx small ordinaries

The Brains Trust - 2024, page-525

  1. 4,211 Posts.
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    Your palladium call got me glancing thru my Commods watchlist of charts; quick observation (all IMO):

    Palladium; huge downtrend (DT) break out (BO) last few days & possibly CONFIRMED overnight

    Cannabis index; nice 4 month uptrend (UT) ... hot line and BD yesterday

    GOLD- GLITTERING and series of ATH closing days. Overnight has hit an ATH Cannot last forever but its sweet while its running.

    Silver; seems to be following gold up; Approaching a 4 year DT line & if it doe BO there then "hold your hats." Still "only" 1/2 of ATH

    Bitcoin and Crypto generally; SPEECHLESS

    Copper; BO of 12 month DT BUT sideways for now

    Uranium (etfs I watch); BD of 12 month UT lines .... bouncing around BELOW UT lines

    Platinum: 24 month DT in what has been 7 years sideways

    LIT (lithium etf); 2 1/2 year DT; trying to BO of 12 month DT channel; 3% move up overnight.

    FRare earths ETF; surprisingly deep 24 months DT. 1/2ed. No sign of support

    Iron Ore; down 20% this year

    OIL: at decade long Support/res line. Short term (5 month) potentially bullish flat top triangle

    Aluminium: sideways since it 12ed in 2022; BO of the 2023 DT has failed and back to sideways

    Zinc: 2 year DT BO early this year but sideways since then
 
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