Loading ...RE: BACK UP THE TRUCK
Here is SILJ (weekly). At this point SILJ makes a BT on its’ RED BEAR FLAG from below; therefore nothing bullish and just a technical BT. Only once above the W-EMA(30) we can start a bullish conversation … till then it is still bearish.
IMO. DYODD.
Definitely doing my own due diligence.
How often does DXY fall close to 0.9% intraday?
Having stayed above its 50-day SMA for about three weeks (bullish DXY, bearish PMs), DXY is rolling over towards the 50-day SMA at a fast pace.
GL
In your camp, Nightingale.
We did not make the lower low I expected to conclude the first move down.
Instead, the “c of iv” turned out to be the first upward leg of the correction. And then it extended.
Pretty challenging market still with all the divergent behavior.