Counting Ticks
Category archive

Trend

Trend-following and continuation setups

2 stories loaded

Commodities
ZeroHedge · 3 weeks ago

Zinc Hits Four-Year High As "Extremely Thin" Physical Supply Fuels Squeeze

Zinc has rallied 31% since March to $3,966, driven by declining mine output, operational disruptions, and limited supply outside China. The ILZSG revised its 2026 forecast from a 271kt surplus to a 19kt deficit, signaling structural tightness. Physical liquidity on the LME is at extremely thin levels, evidenced by steep backwardation ($190+ per ton) and negative treatment charges (−$110 per ton), which could trigger further smelter production cuts and deepen the squeeze.

TrendLiquidity
Crypto
CoinDesk · last month

Bitcoin tops $77,000 as best week since 2023 pulls altcoins along for the ride

Bitcoin rallied 24% from Monday through $77,000, marking its strongest week in roughly two years and hitting levels implied by a completed inverse head-and-shoulders chart pattern. The move has lifted altcoins with it, and despite the sharp upside, short positions remain elevated—suggesting either capitulation hasn't fully played out or traders are hedging further upside exposure.

TrendBreakoutMomentum