I've been bearish on GDX and CL_F

SmartReversals
05-04

I've been bearish on $VanEck Gold Miners ETF(GDX)$ and $WTI Crude Oil - main 2406(CLmain)$ for the past few weeks, even with the green candles they saw last week.

The bearish case remained my primary concern for these two in my weekend newsletter. The moves for this week are:

GDX: -3.2%

CL_F: -6.5%

Below is a screenshot from the latest newsletter.

My upcoming newsletter will focus on monthly charts, the same charts I used on July 31st, 2023, to anticipate the coming decline, and on December 2023, to anticipate the turbulence around $5110.

ImageImage

https://twitter.com/SmartReversals/status/1786460086849704294

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MorganHope
    05-06
    MorganHope
    Your newsletter provides valuable insights.
  • NellyJob
    05-06
    NellyJob
    👍
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