Bought JDST
I sold JDST at 13.95 which was the top of a 2 hour trading channel and now the bottom of the channel is 11.22. close enough.
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Sold PBF 11.18 and LABU 64.99
Any thoughts on Sprott SII. It’s still weak, but seems to surprise to the upside though not as crazy jumping as miners.
It appears to be in a clearly declining pattern. Lower lows and lower highs.
Thanks.So you think we are still in the danger zone for miners and gold?
Yes. Clearly defined downtrend. Today was a bear market rally up to declining resistance.
I buy support and sell at resistance. It usually works.
When I sold JDST at top of channel I did not know if JDST would jump over resistance or drop. I did nothing. When it in fact dropped to channel support I bought. Small starter position.
Thanks again. Keeps me frosty.
That felt like some kind of recognition day for a move up in commodities. I’m almost having FOMO watching the action. Are you quite sure JDST, feels miners are catching a bid
Same thoughts here … I’m bullish on the miners, last 4 days there has been a major recovery in my portfolio
Sir North : GLD back to bull
Sir Rob Walnut: quoting “Market Sniper” … bullish ( https://goldtadise.com/?p=506476 )
Sir Noman : bearish (JDST)
Sir CM : bullish
Others?
GL