Loading ...Commodities !
Ugh ! Stuff is Getting Cheap.
Even the Most Bravadocious Staunch Perma Commodity Bull has to admit this looks BAD ! Anyone still think commodities are in a bull market ?
Today shows a Breakout Gap out of a Bear Flag. 25 cent gasoline any one ?
The bear flag formed right on the resistance zone going back 40 years. Bulls thought it was a bull flag.
Marty McFly
If it’s going to form a double bottom like the late 90’s/early 00’s it will drop 10% or less before turning long term bullish.