Posted the chart below asking “what would you do at (1)?”
Thanks for all the emails from around the world. Great thoughts for sure. The majority felt like it was time to buy since this ETF was on support at the bottom of a falling wedge.
Below is answer per what ETF this actually is…..One little catch, I thought I might add a little “TRICK” to this quiz. See below for what it is.
With the chart being turned upside down, this chart would represent that DBB is up “against resistance, at the top of rising wedge.” Harvest base metals here and look to score on defense until resistance is taken out …..
Wishing you all a Happy and Safe Halloween!!!
