S&P Fails At The 50 DMA, AMZN SBUX SMCI Earnings
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The consensus narrative is that the correction over the last month has
ended as the S&P has bounced over the last week. But the S&P has still
failed to sur...
2020-09-26
Copper Miner Reversal Or Doom
If the copper miner ETF fell out of the triangle pattern again, a termination of the move after a loss of about 10 to 15 percent would opent the door to another inverse H&S pattern similar to the one in 2016. However, the broader mining ETF is threatening a move more on the order of 40 percent if it can't retake the horizontal.
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