2003-2007 yield fractal may be repeating right now which means rates will be rising for the next couple years
overvalued bubble is deflating in an epic manner come back in 2-3 years and this etf is going to experience much more pain
PDN looks like its completing its correction soon. short for now, but will eventually bounce at support
garbage growth stock etf going down the tubes soon watch for move to retest may lows
spr hoopla weighing down crude oil in november expect a strong winter move to $90+
hold till mid december inverse h&s formation but still no breakout
in which case ... we would expect the above structure to form
i found ... basing 2000s bull market after the 2014 bear market in oil produces some striking similarities. perhaps, we are on the blow off top stage?
this scenario is very unlikely im just taking the 2016-2018 fractal however i think the late 2000s more appropriately matches the current period
SD in a wedge structure probably breakouts soon $17 target
if there is a dump tomorrow we can get to 76 region but expect a sharp move up after that flush
see upside to almost $7/mcf by end of month cold weather is already here in high demand areas of the US good technicals
i see peabody hitting $30 by eoy just by technicals
we are seeing a pretty volatile correction-- however it is clear what the structure forming is, and that it is bullish to the upside target is 21.8
here is a possible scenario for gear $gxe.to especially as crude approaches $80+
in this scenario, we see equity weakness next week (but a strong friday close)
Long the December $7 call -- approx 175% return if it hits the $11 target.
short it here it looks like we will breach into the june lows..