My FCX forecast

6 באפר׳ 2021

FCX is on the a bullish run; however, I think the fuel will run out on earnings. The reason I'm slightly bearish on FCX is because XLB needs a drop to complete what seems to be the formation of a running flat Elliott correction wave. I cant time it perfectly but I expect a drop in XLB a few days before the earnings annoucnement of FCX.

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