Line in the sand
Alright all. I know everything seems perfect and ready to rip. I just want to post this weekly chart again because I think it’s YUGEly important. A tag today would be 1324 spot and about 1329 futures. My original thinking was a hard rejection and reversal here and I still think this could happen even as rosy as things appear… the bull must prove itself.
Also here is my gdxj chart from last week. Right on track but again will have to prove itself as well. There is a gap full at $31
Thanks PK
It always pays to be vigilant in this sector
Dead right. The bull must prove itself. Nothing changes until we start to break the overhead resistance levels.