Mar 01 2023

Are We Staring At A Technical Rebound On This Metal Stock?

published by Foram Chheda, CMT
in blog StockCharts.com
original entryAre We Staring At A Technical Rebound On This Metal Stock?

The Metals and Commodities stocks have been relatively outperforming the broader markets for a couple of months now. This was the period when the US Dollar Index (DXY) underwent a strong corrective move after testing the highs of 114.77 in September. The retracement in the Dollar Index was a bit severe. That meant strong moves in the metals and commodities stocks when DXY...

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