REMX is in an uptrend and looks very good despite a slight dip.
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Commodities Update: Technical Analysis: GOLD AND SILVER HIGHER TODAY WITH OIL FLAT
The creator provides a technical analysis of various commodities, currencies, and market indices. They observe a weaker dollar and yields, which generally supports strength in stocks and metals. While some commodities like gold and silver show consolidation, others like oil, natural gas, and copper appear poised for upside moves. The creator expresses bullish sentiment on several commodities and equity indices, including the S&P 500 and Nasdaq, while noting potential for further upside in coal and copper equities.
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Tickers discussed in this post
URA is experiencing some selling pressure but remains above support.
XOP is currently at support and shows potential for an upside run.
TLT bond prices are showing weakness and could break support with increasing yields.
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