Hi Shoppers,

I am hearing Griff is bullish on several things.

Technology: here is the Technology Select Sector (Ticker: XLK) chart:

See what I see? I know you do.

This is a possible cup and handle formation.

XLK is in the consolidation period and needs to close above that red resistance line at $137.20.

This is a long term bottom formation.

Precious Metals: Here is the SPDR Gold Shares ETF (Ticker: GLD) chart:

GLD has had a really nice rally since the first of November. 

It looks to be in a consolidation trading range at the moment, possibly ready to make a run at $200.

Energy: here is the chart for the Energy Select Sector ETF (Ticker: XLE):

XLE is currently sitting at a pretty strong support level which has my green support line and the 50 day moving average converging just above $88. 

That red uptrend line that goes back to September 2022 is also providing support.

This is just a quick glance at these sectors.

Griff will be providing a further in depth analysis with his translation of the Fed speech.

Don’t miss it!

Thanks for Reading … See You Next Tuesday,