The India ETF (URMM) is down slightly but still looks okay in the short term with buying pressure emerging.
Source Post
Commodities Update: Technical Analysis: OIL STRONG TODAY WITH COPPER, SILVER AND PLATINUM HIGHER
The creator provides a technical analysis of various commodities and related ETFs, noting strong performance in oil, copper, silver, and platinum. They express optimism about the commodity complex, particularly with rising yields and a potential breakout in oil prices. The analysis also touches on other markets like natural gas, uranium, metals, and emerging markets, offering a generally positive outlook for commodity-linked investments.
Linked Mentions
Tickers discussed in this post
The Uranium ETF (URA) is down 5% today but still looks okay to move higher in the future.
The Oil & Gas Exploration & Production ETF (XOP) is showing strong upward momentum, up 66%, and is expected to move higher.
The Junior Gold Miners ETF (GDXJ) is up slightly and appears to be in a good short-term position.
Oil companies are expected to perform well due to the strong performance of crude oil.
Linked Signals