$LIT – Lithium ETF

i expect consolidation in/around here w/ 27 being the overlapping of 3 ratios and it SHOULD be resistance.

the key here is the level of the RSI – have we broken out into a new RSI zone that defines a bull market?  also, if this is the case are we finishing up 3 on the way up? if we are then this pullback needs to remain above 21.43 as 4 can’t overlap 1.

either way, I expect a pullback here or a little more higher … then it will get VERY interesting.

note the 21 level -some nice overlapping ratio’s, a measured move like the last correction – could be a nice spot to get long

didn’t know there was an ETF for Lithium.

hope this helps.



Page_16-07-31_15-46-58 Page_16-07-31_15-57-53


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

Leave a Reply

%d bloggers like this: