Source Post

Commodities Update: Technical Analysis: OIL LOOKS STRONG

The creator discusses the strengthening dollar and rising yields, noting that the 2-year yield has broken out of a falling wedge. They suggest that higher yields could weigh on the S&P 500 and NASDAQ if critical levels are reached. The creator also touches on bond prices, gold, and the yield curve, expressing a bearish outlook on bonds and a lack of conviction to buy gold.

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Tickers discussed in this post

MSTRNeutralLow ConvictionResearch Only

MicroStrategy is holding above support, but the creator expresses uncertainty about its future direction.

UNMNeutralLow ConvictionSignal-backedSecondary

UNM is holding on and showing signs of stabilization.

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