It's been said that copper XCUUSD has a PhD in economics because of its predictive price action. In other words, what happens to copper tends to happen to the markets at large. That's why I always keep it on my radar. If this reversal signal completes there are plenty of structural fundamental reasons why we might see a rather devastating downward movement. I...
In the image above there are some strong trendlines that pass through the yellow rectangle. Two are particularly strong, and two not quite as strong.
The downward trendline cuts through the other three, and I believe one of those will be where we see a drastic upward movement.
Why?
It's a uhnch, really, but I believe that this is a heavily manipulated stock...
I just started messing around with this little tool in the last month or so, and it's really interesting what it shows. Kind of incredible, really.
There's an amazing amount of shadiness happening in the background with $gme, so predicting price action in the short term is going to be difficult. All I can say is that this isn't going to be comfortable for...
