Dow Jones Industrial Metal and Mining index
24 Dec 2020 ● 06:01 AM
The Dow Jones Industrials and Metals index broke out of the triangle pattern that formed over the last decade and is trading just above the upper end of the triangle. The pullback is wave iv of 3 in the larger picture, and wave 3 could go on to 125% near 370. So the metals rally should not be over in terms of the global asset allocation.