Commodities have room to run, with all the money printing going on in the world there is no reason commodities can't outperform stocks in the next upswing in the business cycle.
Potential bear pennant Which way will this one break? My guess is lower!
Check out this potential bull pennant formation in the volatility index.
Some many out there talking about how strong China has been, but the daily chart looks like it could be a H&S top! Do you see the pattern?
When in doubt zoom out. Consolidation here makes sense for a longer term uptrend.
Take a look at these fibs and possible price targets $DIS could go after this range break.
Last week may have been the shakeout before higher. Would give a little room on the downside but R/R looks good here for a long.
Possible rounding top could signal market heading lower over the next few weeks.
Flight to safety coming soon? Potential price target $132
This could be a potential megaphone pattern in $AMZN www.investopedia.com