2021 is off to a generally positive start although two of the three trading days so far have seen significant intraday swings and reversals, to the downside on Monday and then to the upside on Wednesday. In this week’s issue of Equity Leaders Weekly, we focus on action in Commodities, particularly Crude Oil and Platinum.
After jumping 14 spots yesterday, JPMorgan Chase (JPM) has returned to the Green Favored Zone of the SIA S&P 100 Index Report for the first time since last March. Back in November price gapped up through $105.00 on a spike in volume completing a bullish Ascending Triangle base and signaling the start of a new advance.
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