I wrote about a great PEMA sell signal in Barrick Gold Corp. ($ABX) on July 23, which worked out perfectly. This time, however, I head straight for the source, as Gold futures looks poised to head lower over the next three to four days.
The E-Mini Russell 2000 is giving me conflicting vibes about future direction. While lower timeframes indicate a downside reversal to come, the daily chart suggests a little more upside could be seen. Let’s take a look.
Copper Futures has been coiling the last two months and looks primed for a major breakout opportunity. I’ve got a few reasons to keep your eye on this commodity.
I’ll be watching energy commodities for a major breakout opportunity in tomorrow’s market – and you should too!
