Peter Brandt: Inverted H and S pattern may be forming in CL_F

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4 hours ago

Peter Brandt: Inverted H and S pattern may be forming in CL_F — Possible inverted H and S in CL_F

Peter Brandt, founder and CEO of Factor LLC, suggests that CL_F may be forming an inverted H and S bottom.

He cautions that a close below Monday's low would invalidate this potential bullish pattern.

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Brandt has previously analyzed chart patterns in precious metals, stating that silver would form a near perfect descending triangle if the Feb. 6 low was $2.50 lower. He has also highlighted that previous silver bull market cycles lasted an average of 22 years. His market commentary often focuses on historical patterns and technical signals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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