MicroStrategy is down 6.5% and is nearing support levels, indicating potential further downside.
Source Post
Commodities Update: Technical Analysis: STRONG DXY, YIELDS, OIL UP, EVERYTHING ELSE DOWN
Finding Value FinanceApr 15, 2026
The creator provides a technical analysis of commodities, currencies, and interest rates, noting strength in the US Dollar (DXY) and rising yields, which are putting pressure on precious metals and equity markets. While short-term weakness is observed in sectors like gold, silver, and mining ETFs (GDX, GDXJ, SILJ), the creator sees potential long-term opportunities in commodities like oil and natural gas, citing supply disruptions and geopolitical factors. Equity indices like the S&P 500 and Nasdaq are showing selling pressure, with potential for further downside.
Linked Mentions
Tickers discussed in this post
URA is down 2.87% but still looks okay, squeezing in a falling wedge, though potential market weakness could impact it.
XOP is looking good, up 1.93%, having broken out of a head and shoulders pattern and is expected to move dramatically higher.
GDXJ is also selling off, mirroring the trend in other gold mining companies.
TLT is down 0.5% and looks poised to go lower as interest rates rise, indicating bond prices are falling.
Linked Signals
Tracked calls opened from this post
ATI
buy opened Apr 15, 2026
+9.48%