Back on March 4th we pointed out that our $19.50 upside target in the SPDR S&P Metals and Mining ETF (XME), first mentioned in our February 29th Keys To This Week report (access requires subscription), was met to capture a 22% advance in 4 days.
More recently, in Monday’s (April 11th) Keys To This Week report (access requires subscription), we displayed and discussed our expectations for an additional 5% rise in XME to $22.50.
Here is the chart from that April 11th report.
Here is the updated version of the chart which shows that our $22.50 target was met this morning.
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