AI
AG and the miners rally....
I see 2 things now.
1) For the last 5 years,there has been an orchestrated naked short collapse of the miners,achieved by the Powers in wall street,while govt watchdog looks the other way, that almost destroyed the mining sector.
2) the latest bottom that held in mid January has made a huge rally,in a straight line with virtually no pullback, the kind of rally that we havent seen in 6 years... Such a shocking rally, unlike any of the swing waves we've been watching in these 6 years.
maybe this does mean the down trend is reversing here...but it cant be confirmed until after the next major pullback.
...and now,on the chart, we reach the weekly 200ma
Where will it go from here is my question.
I see 2 things now.
1) For the last 5 years,there has been an orchestrated naked short collapse of the miners,achieved by the Powers in wall street,while govt watchdog looks the other way, that almost destroyed the mining sector.
2) the latest bottom that held in mid January has made a huge rally,in a straight line with virtually no pullback, the kind of rally that we havent seen in 6 years... Such a shocking rally, unlike any of the swing waves we've been watching in these 6 years.
maybe this does mean the down trend is reversing here...but it cant be confirmed until after the next major pullback.
...and now,on the chart, we reach the weekly 200ma
Where will it go from here is my question.
