iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

It’s There if They Want It

4826703_f520

Bulls in beaten-down commodities, of which there are many, have an attractive setup in the next week or so if the Dollar ETF weekly shooting star bearish reversal candlestick confirms lower.

If the Dollar backs off its recent squeeze, I suspect metals and miners, precious and otherwise, can finally enjoy a sharp snapback rally.

In addition, keep an eye on JGBD in the coming weeks, otherwise known as the “Kyle Bass ETF,” triple-short JGB’s, especially if the Yen rally has legs.

_______________________________________________________

UUP

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. sethster

    I love that idea

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Cason

    Nice! Been enjoying your nightly videos recently. Great analysis, though I don’t think this bull is going to roll over yet!

    • 0
    • 0
    • 0 Deem this to be "Fake News"