123Tom's TA study group

[123tom]

MUX pattern is exactly the same as PVG....

not precise but the same. IS this suggesting the miners are trading upon supercomputer wall street trading algos?

C,have you noticed that the "Rally" in miners all started at the same day (December 13) ??

Its a fun puzzle game for the whole family... better than a Vegas casino.

Someone flipped a switch on wall street on December 13. did they flip the kill switch this Monday? to start the new year with a Slam down?

MUX
Play this MUX casino game click here

MUX "bottomed" at 1.82 and began its rally on December 13.... peaked at 2.48, so that makes a 50% Fib retrace target around 2.15.

MUX was a popular bubble miner in 2016/2017 and peaked around 4.50 area? I don't remember off the top of my head but I fully expected the haircut target to reach the 2 dollar target , maybe lower, like 1.80 and that's where it went to. For the longest time it had been "Holding "support" around 2.50 area...and I was firm in my belief that this 2.50 was a False bottom, I expected 1.85 area. Now that 1.80 area is a decent support /bottom zone to consider. but I expect the bottom to be retested in 2018, maybe starting now, and keeping the bias bearish for miners to start 2018. that's been my outlook since mid 2017. so far, its been happening, but tricky here in January, waiting to see the roll over in this resistance topping zone, for all the miners. The metals were made to rally into the year end so instead of gold closing the year around 1220-1200 we saw it rally to 1300. I think this is also a trick. and we will see the next 100 dollar downwave in gold start soon, if not now.
I expect the Cartel to take the miners down from this resistance topping zone, that was already reached in this first week of the new yesr,2018.

and being a wall street trading programmed game, they are all moving in sync, and so its easy enough to plot on the charts. and if it is all just computer trading then it should be following some kind of math algos, like the Fibonacci math, so maybe the technical tools will actually work ok for trading this game.