Loading ...Markets & (“to B”)
FOMC tomorrow.
Getting “short market” signals today (provisional into EOD, and EOW to some extent)
We’re still likely on path “to B”. (Higher)
The LARGE triangle count is still alive (below 4195) but there’s also a smaller one too and this drop is PROBABLY a fakeout wave e of that triangle.
Leading to a bullish resolution within several weeks.
Side note: crude and natty dumping some more. (Have natty on fresh monthly sell)
GDX … still looks like one more high later this month, but then …
TWT. NTA. GL.
similar idea here ..
https://www.fxempire.com/forecasts/article/sp500-closing-in-on-a-larger-top-1343296
PEDRO YOU NEED TO TRANSLATE YOUR 3 LETTER ACRONYMS …THEY ONLY HAVE MEANING TO YOU
ASKING FOR A FRIEND
GDX is the gold miners etf.
which is why I have suggested multiple times to add a simple graph – taken from the web/google. Indeed these posts informs nobody except the poster.
Oh I don’t know, they informed me, I mean enough that I sense the directions of the markets. Enough to know I have a slightly different view, as I expect the S/P to top this week, could be multi week top or monthly? Gold bearish for another 2-3 weeks….after that? Who knows….