Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Thursday, March 10, 2011
DBB Base Metals ETF Weekly Chart Rising Wedge Negative Divergence
DBB base metals weekly chart shows a rising wedge and negative divergence so hand me a trumpet; the playing of 'Taps' is required. This ETF is a mix of equal parts zinc, copper and aluminum. Thus, considering that DBB is now rolling over, the implications on the overall economy are ominous. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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