Quick T/A note.
My monthly (Hi farmer!) for ZSL just flipped to a LT buy. Pending EOM.
But in line with the nice GDXJ chart recently posted by silverfox, I expected this, as I do tend to get premature signals at higher degrees like these toward the end of 4th wave corrections in their C leg. Shot across bow.
So I expect this ZSL signal to retreat before long. But it will come back next month (or late May even).
Hence the “dark clouds” I alluded to previously.
So this is a heads up, probably for many risk assets. Bitcoin included.
Have a plan.