Greetings from Harvard University. I flew across the very, very wide United States of America last night and will be spending the day here before heading back home. So I’m going to spend 50% of a 24-hour period on a plane seat.
I wanted to revisit the Metals & Mining ETF, symbol XME, which, in spite of the tremendous rise for the past nine weeks is still sporting a very well-formed reversal pattern. I consider this rally to be countertrend.