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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 670.21

-1.1%

Nov 6 4:00 PM EST

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To: Johnny Canuck who wrote (56775)	7/18/2023 1:24:49 AM
From: Johnny Canuck	1 Recommendation Read Replies (2) of 67710

Commodity update Copper entering sideways pattern after short term down trend. Natural gas consolidating near the 52 week lows. Basing for now. Timber going sideways which is surprising given we are in the midst of building season. Platinum starting a new uptrend within a longer term sideways pattern. Energy within a short term sideways pattern within a longer term modest downtrend Gold break short term downtrend but then stalling. Longer term the trend is up. Silver mirroring gold but strong new uptrend in place. So far only modest profit taking. Longer term trend is up.

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