Again, very little to do here except let things work.
It’s nice to see a lot of the extended sectors yank back, it’s healthy and lets us analyse where the money heads too next. China setup continues to improve and looks better by the day, I wouldn’t be surprised to see more stimulus announced at next weeks meeting.
Energy (XLE) weekly is a little hard to ignore, after years of basing it finally looks ready to breakout.
$LAC weekly is also a thing of beauty and unlike ALB offers aggressive R/R ratio here. They have received a $2bn loan to complete the mine from the US Department of Energy. It’s also a retail favourite and a name that’s like to get easily chased.
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