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| ES |
ES appears to be forming a small bullish pennant within a larger potential triangle.
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| HG |
Dr. Copper continues to look a little bullish here. It appears to be attempting to break out of the descending channel in a wave 3 that may target 4.38.
This of course assumes that wave iv is complete. Wave iv could easily form a flat/triangle here so as to alternate with the steep wave ii. We shall see.
Note the MACD.