Quiet Weekend … but … should it be? PMs twitching here
Last spring, I said the decline would run into late summer.
By late July, I amended that into Q4.
Several weeks ago, I said I was shifting from shorting to watching for longs.
This week, I’m starting to see some bullish action.
Another BMB (bear mkt bounce), or A Major Bottom?
I don’t know yet, but it may be time to take some shots.
(My pal Sam thinks BMB, with an enticing C wave rally out there over next several weeks to trap some more.)
I do have topping alerts for GLD/GDX at high degree, which is a good sign but isn’t a buy signal on its own.
Not necessarily endorsing this, but intriguing
https://stockcharts.com/c-sc/sc?s=UUP&p=D&yr=1&mn=5&dy=0&id=p72818099112&a=1243093254&r=206
Thanks for the heads up Pedro.