Loading ...The $HUI Ribbon – Daily Chart
The SHS patterns (and others) are saying careful out there, son. This isn’t done cooking the longs, not yet, not by a long shot.
At the same time an upwelling urge is whispering in my gut “The bargains are falling in your lap. Buy, you fool.”
Sigh. The western flycatcher returned from southern haunts 2 days ago. At this hour at this time of year she likes to pick off awakening house flies sunning on the east wall. Silly bird doesn’t know she’s not supposed to range quite this far north.
The sky is deep azure, the sun warmly smiling. Pruning needs doing. Pears. Apples.
The gold market will have to wait.
$HUI Ribbon – Daily
That is one pretty chart!
From a purely visual standpoint, the weight above seems to favor a huge dump. Gettin’ ready to buy AUY and AGI at stink bid levels. I hope they get there. I haven’t much luck at buying low, however.
All one can do is pick a nice entry set up and put the stop order in and start with that. Have to do it at some point in the game, At least the overhead resistance is known with the averages. Take the money and run with a 10% win, why not.? Most hope for 2% interest all year and 5-10pts in a few days looks wise at this movement. I start by hunting in the 2 hour timeframe for divergence and such and then into 15 min to nail in closer yet. Argonaut worth a spin.