Loading ...Another $40 drop. Then What ?
As always – charts do the talking. Some interesting stuff on symmetrical triangles here http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation
And as always, there is more than one possibility. Hell this is fun 😉
Cheers NS. $1180 then off to $1500 please 🙂
That’s what I’ve requested from the PM god’s, lol.
Excellent I will make a sacrifice 🙂
Oops, I must be reading too many Greek and Roman history books!
Lol 🙂
FWIW … looking at SILJ (silvers took the brunt of the Monday selloff)
I have it already hitting both my OS monthly and weekly target preconditions.
That pair is usually good for a strong launch.
So my system says to be ready in the next few weeks to come.
Not necessarily months.
System can deliver a false signal 10% ahead of the real one though.
I just don’t see GDX $7 as a realistic target on this decline.
Agreed Pedro. Cheers.
Thanks Pedro that makes me feel a bit better.
I am looking for something like this, that 1,155 – 1,170 area, maybe a touch lower as an overthrow move but it can’t be much. https://invst.ly/49tom