Bond yields should be dipping temporarily today after FOMC meeting and FED rate decisions. This is also evident on teh technical charts.Yield price has to do a retest of the recent low (or nearby) before heading off continuing the reversal.Lets see if it works out.
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It's still very early days, Possibly a long term wedge on DAILY.Suggesting BRENT most likely will reach $75 before reversing. RSI showing some strong divergences. And long term should come back to $40 per barrel. Which would be after the Post Pandemic Rush. But this target could edge up as Brent edges up and reaches 80.&nb...
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The recent record highs in copper seems to be quite over done.Chart has formed a backward wedge of some sort, which typically reverses down.Expect copper to slowly move south over the coming month to the 61% FIb level.
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