Two of the most annoying things I would think that bloggers do are to post music they like assuming anybody else wants to hear it and make post titles with cute turns of phrase. Ah well…
The Timber & Forestry iShares broke above a neckline this week off of a potential bottoming pattern. I bought it yesterday after highlighting it over the last couple of weeks in NFTRH. But more generally, it is the type of pattern we are going to get on these bombed out resources plays if we go reflation/inflation trade. This one, if successful, would measure to around 68.
Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.
