HUI NIGHTMARE SCENARIO
Sorry to be a Pain in the Ass BUT
WHY is HUI hesitating here ?
There are a lot of fine charts , bullish as hell charts here.
But have we / I overlooked the most Obvious Chartology Pattern ?
This just popped out of the murk in the last hour of this last trading Day of the Year.
Good Ridance 2017…Hello 2018
Happy New Year !
Who wants to kick my
Revised for Northstar and Other Bulls
Yet another line in the sand…Could it be an “E” wave? Or better, an “OMG” wave?
Bye Bye Wave
🙂
That scenario would be quite likely if you ignore cycle analysis.
That’s certainly something to watch for Northstar…cycles …but from a pure Chartology perspective…show me the
breakthrough upside…and soon please.
I’m loaded with Rocks…may need to dump some ballast
🙂
After an over indulgent Christmas, I reckon I might need to ‘dump some ballast’ as well 😉
Well, the miners don’t generally move without first crushing retail in a hard head-fake, so that’s what I’m anticipating. I actually sold most of my PM miners yesterday and today – might regret it, but there are lots of exciting uptrends developing – plenty of other fish in the sea. But I have a pretty strong feeling there’s one more buying opp (at least) in the near future.
My gut feeling is we are going to see a small correction in gold soon as gold’s ascent off of the December lows has been quite strong. Miners are anticipating this correction.
That’s my 2 cents also plus year end goofiness.