The VIX is down 3.87%, surprising the creator and suggesting intervention.
Source Post
Commodities Update: Technical Analysis: COPPER, GOLD AND SILVER HIGHER TODAY, OIL LOWER
Finding Value FinanceApr 17, 2026
The creator provides a technical analysis of commodities, dollar yields, and precious metals, noting correlations between weaker dollar/yields and rising economically sensitive sectors and metals. They express caution due to potential conflicting signals across different timeframes and market participants' biases, but lean towards higher long-term yields and a potential pullback in some currently rising sectors. Specific mentions include gold, silver, platinum, palladium, crude oil, natural gas, uranium, copper, and emerging markets, with a generally positive outlook on commodities if the dollar and yields continue lower.
Linked Mentions
Tickers discussed in this post
MicroStrategy is up but the creator is watching to see how low it goes, expecting it to fall if yields rise.
XLI is also a little bit higher and looking decent.
The NASDAQ is moving higher, which the creator questions given the yield environment.
The S&P 500 is moving higher, which the creator questions given the yield environment.
KRE is down slightly but is in a flag pattern, suggesting a potential move higher.
MU is down slightly but still above patterns, with a broken shoulder-head-shoulder pattern and on top of a flag, indicating a higher path.
Wheat is in an uptrend with higher highs and higher lows, and is up today.
Nickel is up 2.5% and starting to get momentum, looking solid for a move higher.
URA was up slightly and still looks very good, sitting on top of a falling wedge, signaling a probable path higher.
Sprout Fiscal Uranium Trust looks really good from a charting perspective, having broken out of a falling wedge and waiting to go higher.
Newcastle Coal futures are down 2.88% but are expected to play out a shoulder-head-shoulder pattern.
Platinum is up 2% and looks good, having broken out from a falling wedge.
Silver looks good and has broken to the upside, with potential to continue higher.