Recorded on February 24 2026
Steve Yang sits down with Patrick Karim of Northstar Badcharts to break down what the charts are signaling across silver, crude oil, and energy equities. Patrick explains why long sideways bases and false breakdowns can wipe out morale right before the sharpest upside moves begin, and how he looks for confirmation and clean invalidation instead of guessing. They walk through the oil complex and energy leaders like Exxon to show how price action can tip its hand before headlines hit. You also get Patrick’s cross asset framework using ratios and long duration yields to build a weight of evidence instead of betting on a single narrative. If you trade metals or energy, this is a disciplined playbook for entries, patience, and staying sane when sentiment swings. #Millettian
Key topics
False breakdowns and the morale wipe that sets up the real move
Sideways bases, breakouts, and why follow through matters
Confirmation vs front running and how to avoid getting shaken out
Silver context and what early cycle behavior can look like
Crude oil structure and what levels matter most on the chart
Oil and energy equities, including an Exxon breakout example
Using ratios to confirm leadership and reduce single chart bias
30 year yields and inflation expectations as a macro cross check
Trusting price action even when macro narratives change fast
Guest links
Website https://northstarbadcharts.com/
X https://x.com/badcharts1
Host Steve Yang Natural Resource Stocks
Website https://www.NaturalResourceStocks.net
YouTube Main https://www.youtube.com/@naturalresourcestocks
YouTube Clips https://www.youtube.com/@NaturalResoureStocksClips
X https://x.com/TheSteveYang
LinkedIn https://www.linkedin.com/in/thesteveyang/
NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/
NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok https://www.tiktok.com/@natural.resource.stocks
NRS Instagram https://www.instagram.com/naturalresourcestocks/
Chapters
00:00 False breakdowns and breakouts
01:57 Steve intro Patrick Karim
02:54 Silver setup after the trap move
05:27 Sideways bases launch fast moves
06:36 Front running vs confirmation
07:18 Crude oil chart reset and structure
10:22 What big silver cycles look like
12:55 Early innings and correction roadmap
14:49 Oil and energy with Exxon example
18:15 Oil levels, range, and breakout logic
22:56 Oil leadership vs S and P
28:40 30 year yields and inflation check
33:06 Trust the chart vs macro fear
37:38 News catalysts and forward pricing
43:22 Northstar Badcharts and who it fits
45:45 Closing
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