Following Up on XME

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I haven’t shut up about XME for weeks, and with good reason. It’s one of the clean analogs I’ve ever seen, and the pattern we’ve been watching has been unfolding beautifully.

slopechart XME

Taking a few giant steps backward, we can see the quartet of reversal patterns historically. I suspect much, much lower prices will be seen next year.

slopechart XME