Risk on for cryptos and possibly gold and silver stocks (non-leverage). Base metals also continue to display strength such as URA. Crude oil is getting ready to move higher out of its Wave iv) as we can see XOM making the first move higher. The DXY, TLT Bonds, and Yields still require further price action to confirm a change in direction.Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence – AFSL 317817
Source: tradinglounge.com Video Length: 00:29:58Video Chapters
00:00 Bitcoin (BTC) ETH/USD / Dogecoin / GBTC
03:04 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
06:50 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
13:13 Base Metals: Lithium, PLL, Uranium URA ETF / Copper
24:20 Energy: XOM / Crude Oil WTI OIL / Natural Gas NG
28:24 EndMore By This Author:URA Commodity Elliott Wave Technical Analysis – Tuesday, May 7
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